Short this until it gets to the 200dma and then risk reward is in favor of a buy to play the technical bounce that it will hold that long term support. Ya?
LOD should be closer to $6.00
Has to be announced today to give Watsa more time. If FFX bid failed Cerberus and friends could offer $6.50 so that wont be allowed to happen. FFX desperate to get $9 out of it.
No the last time it went down to $70. Im in the short for the long haul. Down another 10% tomorrow.