Post by
Golddetector on Mar 10, 2021 9:54pm
Very undervalued
At 0.77 of its book value, this growth stock is really beaten hard. I thinkg buying at these levels is a steal. I do not see anything wrong fundamentally with the stock. I Added more today. I have no problem waiting. I bought in for the long run. It is a matter of time before it bounces back. There are couple of guys bashing here. I think they are shortening this. Really guys at these levels? Short positions dropped drastically since end of December to March 4 from 4.6 million to 1.9 million. Obviously most of the shorts covered already. Imo we have seen the bottom or we are very close. ceo has a great track record and I like his long term approach. No rush. Gl longs
Comment by
Golddetector on Mar 11, 2021 7:22am
I think that is the only reasonable action for the moment. Average Pt set at 7.56 by analysts.
Comment by
Chianchin on Mar 11, 2021 8:28am
Short sellers are more than happy when you buy more shares and add more losses.
Comment by
Golddetector on Mar 11, 2021 12:47pm
As is this should be above 8 imo. So you have been doing a good job so far in pushing this down but I think you are going too much here. I got into this during my search for undervalued growth stocks so other ppl will be joining the party soon.
Comment by
Chianchin on Mar 13, 2021 6:54am
Come on Gold......you claimed to be "Accumulating" for the past five Years at least. That totals a huge 40% loss $$$$ more or less