not a good move yet. this has further to go, the news got much worse today, you should read the BMO research report and the reasons for their downgrade. The cycle is still downwards and until that changes this is no place to put your money, IO prices are headed down, earnings are headed down for 2 years expectations by analysts, cost overruns continue, all this means that you will see another capital sale of more stock to shore this up again and more dilution. It will get a lot uglier before it is time to jump in, this may be the last leg down but it will still be severe. you may lose half of your capital position from this point. Much better places to be, the washout has not happened yet.