We're already given up our 2012 gains, nothing has changed in the grand scheme of things...another reminder why these stocks have to be daytraded and not held long..whats the point of holding long when it goes up and down like the weather? you can wait for 50 years and miss all the ups and downs and end even..what's the point?
If you in the market as an investor, you realize there are ups and downs in the market. The market never goes straight up or straight down. Those that try to time the market usually don't do ver well. There are speculators and there are investors. You have to come to grips with yourself which plan you follow.
Look at the NYSE composite between March 15 and now. Look at the DOW just for the sake of comparison..March 15 MTW was 15.54 to 15.98..Today the NYSE and DOW are about the same as they were on March 15, yet MTW is $2 down less..why? All the crying about the China slowdown? What China slowdown? These vultures who cried doom are now going to be covering their short selling filth all the way up to $16 because this weekend their party ended when China released their latest PMI. So I'm not talking junk here, I'm talking a $2 drop all for nothing..or am I wrong?
Daytrading stock? No way. That's who is always doing the complaining and worrying with this stock. Using words like "destruction". Daytraders get concerned with short pullbacks and excited by quick rallies. I don't want to be on that kind of emotional roller coaster. You can try timing the market, I prefer to jump on an undervalued stock and ride it out. I bought this one at $6/share and have no plan to sell any tme soon.