I can't believe that this drop is due to AINV's oil exposure, even if every oil co it has invested in went belly up (16 - 18% of investments) that wouldn't account for the price dropping over 25%, or am I missing something?
I'm thinking we might have hit a bottom, I may buy a 50% stake at $36, I don't have any transportation stocks, so I'm looking to diversify. Any issues out there might be better?
I had a limit order in for 35.6 but with the market drop I changed it to 34.9 and the low that day was 34.92, still waiting. I'm not thrilled that SAIA dropped on a day the market rebounded. Ideas?