How it ever hit $1.97 is a mystery - - Anybody that has any familiarity with the QVC operation knows that they will quickly adapt to compensate for the new economic environment...
I only wish I'd had more free cash to buy when it was int he $2 range....
I'll easily hold into the $5 range and then start taking profits. But, it could easily make it back into the $6-$8 range before end of year...I'd be surprised if the 2008 year-end numbers are as bad as the market has priced in.