Post by
Arbutus22 on Feb 18, 2021 11:24am
Time to Buy
When sp of strong company falls, I ask whether I should hold, sell or buy. This one was easy: I added 20,000 shares a few minutes ago at 1.04 average b/c I see a huge disconnect between current sp and company future value. Sp is bargain bin priced for no reason other than crypto related stocks, and stocks in general, getting hit today.
Per yesterday's press release, NC growing by leaps and bounds. This is a nuts and bolts business, i.e., consumers need crypto payment processors, with few competitors and tremendous growth runway for the business as crypto becomes more widely used. Management has brought home the bacon during the past year, and future outlook could not be brighter. As my friend reently said to me, patience (and smart buying) ... will be rewarded