I bought heavily in SIV during the GFC at an average position of around significantly below $2.00
Been happily doing staggered offloading once it rose above $5.
Not interested in buying back until it drops to around $4.00 (and that will just be my first position, wont go heavy).
So even though it has a 4 in front of it, the last two digits are still too high for me.
By the way on above commentary, the reason this stock was hit so hard was because it was trading way way above fundamentals, it was a market 'darling' stock and thus got punished accordingly.
SIV Price at posting:
$4.96 Sentiment: None Disclosure: Not Held
