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Message: Re: Shorts have cashed in.....

Nov 03, 2016 03:59PM

Well, if people buy low and sell high, that's great. If people sell high and buy low, that's great too. If people buy high and sell low, then it's a problem. The market is always right. To name a few, an unverified news on short work at EFL's German plant, Mercedes building its own plant nearby, Trump's presidency and the NAFTA, and the pending share offering. Is it oversold? I would think so. But I never buy more on the day of a falling knife. I will hold my shares as I have not seen any significant material change between today and last week. Again, this is a high beta stock. It goes up fast and it comes down just as fast.

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