Lion is accumulating EIX at current levels due to attractive pricing and potential bottoming, despite expecting possible further downside.

Lion says, "I grabbed a few more shares of EIX." I'll check that here in a sec. That looks like it's consolidating before going lower. So, to me, let's if we back out here, Lion, tell me what the thought process is here cuz 13, you're thinking that it this is just kind of consolidation and may end up rolling over and retest the lows.

I guess if you were bullish on this, as Lion is, you could make the argument that perhaps the bottom was put in in these first two days and it might be over. So, I guess it depends on how you look at it. Lion, let me know if I'm getting that right.

Don't don't think that I'm, you know, viewing this through a bullish I'm sorry, a bearish lens. It's just, you know, this is the kind of price action that it's uh endured before when they they had these wildfires.

I mean, you know, you got that big move down initially. It consolidated and then it went lower. Uh this to me looks like we're just, you know, consolidating before we go lower.

But it's going down in the areas where, you know, I think it's very attractively priced. So, um, you know, if you're a bull, yeah, I think this is about where you'd want to start buying.

Absolutely. Um, but I still think that you're going to see some lower prints is all I'm saying.

I think that this is going to, you know, be I think it's a really attractive price uh for Edison. company's not going to go anywhere. It's not like they're going to suddenly go out of business.

You're right. And I think that what Lion is saying here is that this bottom formation or this price action forms a bottom and he's comfortable adding here probably. Lion, correct me if I'm wrong, but I'm guessing you would dollar cost average if this like went down another two or three points.

I think that's his plan. Yeah, I I think that's his plan, too. That that tracks and you know down here you're getting a better dividend yield. Um, and you're also going to if you start buying now, you know, when I do uh, you know, buys such as as this one, I haven't yet, but when when I do, it's uh, when you're dollar cost averaging, you're going to have shares that are going to be eligible for longer term gains uh, sooner. So, there's always that as well.

But, you know, if if you're not No, I don't really think there are too many people that are successful that are in the business of catching bottoms. They they, you know, they sniffing out.

They dollar cost average. I'm not in the business of trying to

It's a process. It's definitely a process because hitting the exact dead bottom is almost an impossible feat. I know you did it during CO which was magnificent. We talked about it, but it's not something that's totally repeatable.

So, instead watching that price action and being patient and averaging in seems to give you better um uh maybe not better, but uh more often gives you a successful result there. It seems like that's what's going on here.

Yeah, I mean I I I could see this coming in maybe another six bucks. This this could still end up printing under under 50 briefly, but um yeah, I'm I I would I I think for for me personally, I would