FAR 1.00% 49.5¢ far limited

Jason, I know nothing of the company, but I do know a "crash...

  1. asf
    9,887 Posts.
    Jason, I know nothing of the company, but I do know a "crash share" when I see one. They're all the same, really- punished by the market, and who knows for how long? I've been in a few, got into a few too soon (they fell further), and waited too long to get in with others.

    To me, there's no such thing as "oversold" until the market has finished with these crash shares, and fundamental analysis flies out the window, too. Noone will care how much the company or assets are worth. On day 1 of the crash share, everyone just sells, and on day 2, everryone just tries to work out how to make a buck. Someone on HC said once about the "4 day rule", and it's not a bad idea- wait 4 days... although I am usually too impatient. :)

    Good luck.
 
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