Sure there is a price for a stock at some point when it bottoms out - i.e the market credits it less for what it could be worth ; you want to be a bombed-out specialist that is fine, but you're assuming people have the ability to determine if a company stock is worthy of becoming investable again after the fiasco, and buying at that correct bottom could prove to be correct for awhile but perhaps not long after.
Like is APX worthy of being the 'bottom'? Most thought it bottomed.
