Yeah, not sure about the "sell" logic. All good and well for those that actually did pay 66, maybe those lucky few can make a quick buck and bail. For the others?
Following the same logic, does a move from 86 to 66 mean sell? Or should it mean buy? It really depends on your outlook for the share. Personally, if it weren't for the fact that I already had sufficient exposure, I'd be going for the buy. But when you're already taking a hit, sometimes it's hard to get up off the canvas.
I guess that's the good thing about this game, everyone has a different strategy and there's so many different ways to play it. I just hope that the sentiment can change a bit on this one, and that they can keep going in the same direction as they were today.
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