We hold a long-term position of  800 shares with an adjusted cost basis of 14.65.  The correction could hit 31.34 before SLW turns around. Let’s plan on buying 400 more shares at 31.40, stop 31.14. _______ UPDATE (11:31 a.m. ET): Stick to the stop, since SLW could fall to 28.55 if it doesn’t find traction at these levels.  _______ FURTHER UPDATE (12:10 p.m. ET):  We were stopped out for a 26-cent loss, raising our cost basis to 14.91. The selloff looks 80% certain to continue to 28.55.  If the stock rallies to that target’s sibling midpoint, 32.12, we’ll buy puts, but they are otherwise priced to discount the hereafter.