When to buy HEXOLook at a chart for hexo.
What do we know?
1. HExo is trading in a downtrend for 8 months in a row.
2. Hexo is trading in a downtrend on a weekly chart for two weeks.
3. Hexo is trading in a range on the daily chart....
Yesterday--
high-$2.00
low--- $1.82
Is it time to buy Hexo...???? Smart money would say "No." HExo is trading lower on the monthly chart...
In fact, HExo is trading 52 week lows..
That is where you must understand some fundamentals---debt, EPS, cash on Hand, Sales.....Price to Book.....
And you must consider what the analysts have predicted...
Then you decide.
And don't let anyone on these boards influence your decision..
My view: HExo is a speculative buy.. At $2.00 price, you could risk $1,000 and make a lot of money in a few years....
Or lose it all.
NEVER BUY AnY SPECULATIVE STOCK unless you are WILLING TO LOse IT ALL>