We also have to wonder, how much of the decline today is profit-taking by those that got shares at, or just above, the IPO price? I'm not defending the stock, couldn't care less about it, but that would be an explanation that could make today's movement "seem" like more of a buying opportunity than a sign of impending doom.
Edit: Upon further review...it looks like the banks issued more shares. So the decline is likely created by the dilution of the additional shares. Greg's point still holds true though, for whatever fundamental reason, how willing are you to stomach these day-to-day swings?
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Jeff: Project "Rolling Mockup" 69 Camaro SS, AFX, TKO600, Baer GT, etc
Last edited by JKnight; 09-22-2014 at 12:12 PM.
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Brian Hobaugh SCCA National Tour June 2014
First Hemi 'Cuda Convertible Ever Built
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