Actual DD on EIX: why today's 23% crash is a forced-selling overreaction, not a fundamental one
$EIX
AI SUMMARY — EIX experienced a 23% crash that represents forced selling and technical capitulation rather than fundamental deterioration of the business. The post argues this is an overreaction creating a buying opportunity, though risks include further forced liquidations and the possibility that fundamentals have genuinely worsened.
| TICKER | EIX |
USER | u/WestCoastInvestor |
| RATING |
BULLISH |
ENTRY |
$54.47
|
| POSITION |
185 sh
SYN
|
BOOK VAL |
$10089.85 |
| CURRENT |
$53.98 |
P&L % |
-0.89%
|
| CURR VAL |
$10000.00 |
P&L $ |
-89.85
|