Here's something funny to consider: In the last four months CALL has had one plunge per month. Each time it stabilized at a new lower level for a few weeks. Then it plunged again.
Sept- 27 --- 24
Oct- 24 --- 20
Nov- 20 --- 17
Dec- 17 --- 14 so far
Each time the longs loudly proclaimed 'The Bottom is In! Time to Buy!!! Shortz are Gonna Fry!!!!!'
Each time the longs got their a s s e s handed to them yet again.
So think about that the next time you hear the board shills begging you to buy. They're all underwater now (check the 50 & 200 day MA) and only YOU can lessen their pain . . . by taking it on for yourself!