Aug. 21 at 1:56 PM
$SABR for those saying this is oversold, please tell us the case to buy now, at this time. This sat at
$3 give or take for over a year. You could have sold, invested elsewhere, and came back right where you left of and not missed a thing. What catalyst is ready to propel this upward? Rate cut may or may not happen in Sept. And if we get a hawkish cut then we sit out until 2026. Even then, what are 25 or 50 bps going to do for this stocks debt? Not going to make much of a difference. If you want to buy i say wait until a large move and trend upward. You might miss a little but at least you're money isn't sitting in purgatory for the next 1-2 years while you hope for a turn around.