we're been hearing that mindset for a few months. but i've said it before. something is keeping this stock up. it recovers quickly after down days. and hasn't had a sub-4% day in months. i don't think it sees 9. maybe 12ish.
I agree 12's are more likely, but a lot of volatility in the past with this companies stock, so either way, best to scale in ones position.
Stock got down into the low 7's just a year ago, following a high of $51.71. Then the stock really didn't do much until the recent run up. It may continue higher, but after finding 16 and not holding, I'll wait and see if single digits come around again.