The stock may recover some of it's loses. But in my
opinion if it does recover it would be a good opportunity to short the
Bottom line is as macdunk put it, a dogs a dog no
matter which end you look at it from. There is far better opportunities in the
markets at the moment.
I work of the opinion if you are looking at a one
product company,whether it be COH or a mining company etc. There is an above
average risk that if the company hits harder times the stock price will plunge.
So if you don't think you can double your money in the medium term, find another
stock that you think will.