Q: When does the bleeding stop on this stock, down 46% from it's $5300.00 high?
Are you still comfortable holding this stock?
thnx
Dave
Are you still comfortable holding this stock?
thnx
Dave
5i Research Answer:
Picking a bottom is always difficult. We remain comfortable holding. The drop is still based on 'old' news and fundamentals (at least as reported so far) have not changed. It is a negative sentiment shift more than a fundamental shift. Investors seem to be selling because others are, and on fear.