Why would anyone buy when this drops every day.
I know I would like to purchase more, but unfortunately at this rate everyone is sitting on the sidelines waiting for the freefall to stop before they buy hard. Why would I buy today when tomorrow could be 10% lower mentality.
They really need a reversal here to light up the shorts, as well as prompt everyone with cash in hand that it is go time. After over a week of this something needs to give soon. This is an enormous opportunity, baffles me that the turnaround has not yet occurred.
However, when it does, watch out.