posted on
Mar 10, 2008 04:52PM
I think it was only profit taking. The SP went up too fast in such a short period of time and day traders may have been playing on this stock. The old saying buy on rumour, sell on news may be true with this as well. The technical analysis is still good, so it will continue to slide a bit before it recovers. If you are in it for the long term, just hang in there and you will be rewarded. It would be nice to see stocks go up with a no downtrend, but this usually does not happen. The company has too much to offer the public and we will get back to our highs in a while.