Cheer up boys and girls! Triple witching, fiscal cliff melt down, and a missed earnings report. What'd ya expect a 5% spike up?? Patience!
If the 8% drop holds; this is actually not too bad; I see a 'long term buy' opporunity ....
but this isn't the bottom. a better long term buy will show itself in a bit, i will sell puts in the $5 range when it gets down there.
Of course I wish I had parred the position some yesterday and taken some profit but I remember a couple of quarters ago a neg. earnings led to a nice bump the day after