Flush out
The current massive decline is flushing out all the panic sellers and investors who lost confidence with its fundamentals.
Some call this a “capitulation”
Undeniably, it is a falling knife now. Nobody knows where is the bottom, especially when poor earnings and forecast are expected to be out next week.
Let it flush then. It will go to a point where sellers will eventually dry up. Let’s see where will the share price be at that point.
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Successful investing is about managing risk, not avoiding it. DYODD
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