Maybe it will come back up and maybe it will be very sudden. But tax loss selling WILL continue through December 31st. It is because of that fact that I recommend exercising caution in making any purchases before December 31st. Really, what is the hurry? This stock has done nothing but go down for a long time. There is no news of substance and the company leadership has demonstrated nothing to indicate that the downward trend won't continue.
Do what you will. I am just trying to introduce another line of thought for you to consider before putting more money into a stock that is consistently moving down and probably will for at least the next month. Obviously I could be wrong. But personally, I will wait until there is some sign of actual performance on the part of this dead beat executive staff before putting another penny into this stock. Especially recently, the daily chart looks the same every day. The high is near the open and the low is near the close. That is not a chart you want to buy into ... especially when the only thing you have to go on is hope. Be careful.
Just my opinions, of course.
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