it's not sound investing practice to fall in love with a stock and buy on the way down. you should remain detached emotionally. sweating it out (...keep some dry powder in case...) isn't sound as well although I admit I am in that boat with this stock now.
depends on how good the stock is...buffet buy on the way down...stock is on sale...william oneal dumps a stock once it goes down 7%. It's difficult to find a stock with better management and future prospects than NOV. News is really dumb about this stock... talks about reduced cash flow and higher debt... that results from aquisitions...consider the companies that are borrowing money just to pay dividends.....lots of inept companies out there.