Wouldn't you want to wait to see a "leveling out" instead of buying each day on a 5-6 day continuous drop? It's showing no signs of stopping the bleed and I see no reason to buy as each down makes you average down further. I'd wait to see a bump of any kind...even a dime up. This stock has a tendency to start going down the hill for days and days picking up momentum.
True but I am thinking with the housing recovery continuing in 2013 I believe HOV will be much higher than 6.00 this year. Will it fall to 5.50 or lower first I dont know? It seems to me alot of panic selling going on. I can not time HOV and I am reinvesting some of my profits I have made trading the options. Hopefully it all works out.