RE:RE:RE:When2buy is a n00bExactly. I can’t see how anyone buying under $9 can lose money in 2-3 years . In my experience, it is not a wise thing to time the market. If the business is high quality then even if the ACB is a bi5 higher then over time, investment works out. Trouble starts if the business is lousy.
Do we agree that H&R will be a survivor post covid considering lower leverage, high liquidity, and diverse asset base? If yes then what is more important is to make a decision whether to buy at this time or not. In 2-3 years when this would be trading at 16 to 18 , it wouldn’t make huge difference if someone bought at $8.70 or $8.50 .
thenewsnake wrote: Thanks, I'm comfortable owning in the $8 and will double my money from here. Buy now or wait for $6.50 and never get it. You think the market is going to hand you a nice low price?