I shorted @ 20.59---------closed it at 20.01--was a fun trade!! going forward I see the stock dead or decreasing $.--no problem for LONG term holders but I think any additional buyers shuold show patience here JMHO
"It is clearly OVERSOLD - mostly in panic mode or in the herd mentality."
Just because is has had a relatively large drop does not mean that IMH is oversold yet. When then drop is based upon fears relating to fundamental issues, it could have a significant drop left. Hope you are right, but your assumption is not a slam dunk.