People were saying that here at 50, then 48, then 45, then 40. Here we are at 35. If I keep buying to recover prior losses I will end up with nothing. This stock is falling fast. Other boards say that the unprofitable companies will get hammered in this downswing. This is what appears to be going on here as everyone bails for the relative safety of profitable enterprises.
I am definitely NOT buying until things settle down. The question now is should I be selling what I have left.
something wrong here. Stock diluted 21%. Stock doesn't fall in price. XPO still bleeding money and going further and further into (almost junk rated) debt. Watch for the exits. They will get harder to pass through unharmed.