That’s what people say when a normally healthy and growing company has a dip. But when a company does nothing but lose value for almost a decade, the phrase is totally inapplicable.
Then we better hope it becomes oversold at $19, since when that happens it becomes a very strong buy signal.
Was trying to be a bit glib and sound like a cold calling stock broker "if you liked it at $10 you should love it at $5" :-)