TSX:INO.UN - Post by User
Comment by
pjn0987654321on Nov 09, 2022 11:20am
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Post# 35085409
RE:Rising vs declining stocks
RE:Rising vs declining stocksAlways interesting to hear investing strategy. Probably you have done very well with it.
Your estimate of INO at $3.40 is valid for now. Some big seller seems to have set that as the lowest price he will accept. Of course, nobody really knows for sure.
I almost never recommend any stock, but you may be interested in NFI if you haven't checked it out already. They have a big order book, and have reaffirmed big guidance for 2025. It has traded as high as $60. There's been much dilution since. The $30s may be reasonable. Currently it's in the $9s. They are having various difficulties you could read up on in the press releases.