We were lucky not to have bought this stock back yet, so we missed the 21% drop. This could, however, still be that b-wave in a more complex upward bounce, but we are leaning towards the possibility of this being a large A-B-C down correction which would normally call for a drop to where C=A around $25. This corresponds roughly with where the lower channel line is running . In this scenario we are presently in wave 3 of 5 of C.