sure..i think the news is out as far as what caused the current sell off. But yes there is risk going long but perhaps more risk going short at this point. I am long but shorting weekly calls. If it gets to 38-39 area will reconsider my position.
Just kinda drifted lower after initial drop..until we get some news likely just slow bleed lower and fill gap around 39 possible. But this thing could pop 2 or 3 bucks or more at moments notice..short at your own risk.
Selling dried up under 40..I have a feeling management will continue to have shake outs. 39 -40 should be support. Probably in a range 40-45 until some news event gets us out of the range...my instinct we head higher especially into next year.