For sure. But how many bad financial reports are investors going to sit through with no dividends?
Sure, the bargain hunters and value investors will be punting for the bottom, but the instos and Supers might very well be looking for alpha in other places. Why buy now when you can buy later for cheaper?
Everyone wants to compare this to '08 where you could just pick the bottom and you are set but that is just a recency bias. This seems a very different kettle to me.
Just playing devils advocate, I don't even know what I think anymore.
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