Post by
AG16AG16 on Apr 21, 2020 5:38pm
WHY?
Can someone tell me why they would publish the net asset value of the stock? Do they enjoy this self sabotage.
So many stock are overvalued, so why the self sabotage?
Comment by
YetAnother1 on Apr 21, 2020 5:41pm
Their lawyer told them to do it. In HOU's case, the NAV is basically what they "own"
Comment by
AG16AG16 on Apr 21, 2020 5:46pm
I just don't see what's in it for them. 90% of stocks, ETFs and indexs are overvalued. Should they all remind investors? When this was at its peak, nobody was publishing anything about the NAV. Pretty sure it was significantly overpriced then too.
Comment by
gashole on Apr 21, 2020 5:48pm
I think the value is whatever retail investors are willing to pay for it.... So it will be revalued and open at 77 cents? Then it can go up or down throughout the day as invesors pile in or dump their shares? Is this how it works? It gets revalued prior to the open every morning???
Comment by
SIGG1 on Apr 21, 2020 5:51pm
This post has been removed in accordance with Community Policy
Comment by
bigkagan on Apr 21, 2020 6:01pm
if now NAV is 37 cents then I'm pretty sure that a week ago when WTI was $20 and HOU was $5, NAV was around 75 cents because now WTI is $11. That shows that NAV and HOU price are two different things