|What a difference five weeks make! I held on and watched it dive, especially late in the day. I can't see a justification for that kind of reaction, even if Robbie Stephens did downgrade the stock.|
There's an important lesson, however, in not fighting the tape. If CLSR stagnates in the $17-$19 area, I think it becomes best to take one's loss and move on.
I'll be patient for the next three days or so (unless it falls under $16 = SELL), but if we get no recovery within that period, it'll be better to find a stock that is moving up. (NTBK was my last purchase on Friday.)