I agree that the fundamentals for the company are attractive but markets are not always rational. I also agree that its a falling knife situation.
I suspect that the shorter's few plunge days play to closeout this run is unlikely to occur before the US elections. You see if they do so before hand and the markets are struck by a Trump (ette) heralded slide could see the SP fall significantly further over the following weeks.
So I think they will just continue running the BOTS. Although yesterdays volume of over 1 Mill was interesting. Notice the the 5EMA has not been effectively breached for 8 trading days.
cheers
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