One of the hardest things in this business is to do nothing. At the low today we were $7, roughly, below the peak set just two weeks ago.
I think that this is either a 4th wave (of wave 1 up) or, a wave 2 with wave 1 completed at $20.75. Either way I would expect the stock to find a low at just above $13 and in the worst case at $11.50 where the 50-day moving average is. These numbers correspond to, give or take a 50% and 62% retracement of the entire move up since the low of $5. In any event I would expect the stock to trade above the $20.75 level in the not too distant future so the question is really do you want to make 6, 7,8 or 9 dollars!
Warren Buffett can afford to make offers the victim cannot refuse. On the Goldman Sachs deal he made a small fortune in a very short time. This is a little different and on a smaller scale, but the underlying principles are the same. There is close to a 100% certainty that he will win, and win big and not just break even. At the lower end of the above range you are in at close to the same price as the oracle is.