|
MOVI has done nothing but plunge for weeks. It is painful to watch, but I don't think there is really anything wrong with the business. I jumped in for some more shares today, since I think that the business is absurdly cheap. The short interestt is now 1/3 or more of the float, so the slightest bit of good news is likely to set off a bit of a panic. I wouldn't suggest that anyone put more than play money into the stock, even though I am in for a good bit of folding money.
It is mentally and emotionally difficult to step into the breach when investing, but it usually yields the highest returns.
__________________
"And Jesus spake, 'Become thou now fishers of adjustable rate mortgages'" - New Conservative Bible
|
Threaded Mode
