Sugarr_ I respectfuly disagree with you. What you are saying makes sense but at the end of the day a stocks performance is directly related to the strengh of the business and I KNOW this business is strong for at least the next couple of years. The economy and war are major factors, but they also tend to highlight companies that are honestly doing well as I believe Avid is.
I bought 200 shares @ $22.90 today because I do believe in this business model. I have all of my original investment + these shares back in my pocket. I am now trully long.
If that happens, we will talk again. In the meantime, my belief is that renewed selling will take place come 2PM and especially after 3PM - when pension fund managers and the like place the bulk of their trades.