Yes, the "likely to reverse soon" has not happened. Technically,...

Yes, the "likely to reverse soon" has not happened. Technically, SP trend is very bearish. Short term traders should get out of position.

I couldn't do anything else beside average down at this current SP level as I value the business around $1.00.

Buffett's thesis: given enough time, a strong business will eventually command a strong price. "In fact, delayed recognition can be an advantage: it may give us the chance to buy more of a good thing at a bargain price"