nyc - buying on a drop down involves big risk, i have learnt too the hard way to leave alone - unless the buyers come in and then it could be an opportunity for a quick trade
always have tight stops and on a drop like this only rick what you can 'afford' to lose.
alas it is the lure of a big bounce and doubling up that keeps punters coming back for more
sometimes a stock will bounce, but you must look at why the stock fell in the first place, I know a lot of you say charts are useless in these cases but learn something about trends, it may well save you heap of money in the future
never touched this one - dont like the story - and buyers have hardly been interested
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