Post by
Bretto on Jul 15, 2020 10:07am
Good by in the 70's?
Newbie here. Loving this company. NOw that shares have dropped can we say this is a great buy at the reduced price? I got into this company at 0.85, so took a hit, but confident long term this will grow nicely. price around 0.75 seems like a deal now?
Comment by
InvestForce on Jul 15, 2020 8:30pm
In general, the share price will often fall to the offering level, $0.70 in this case, and that usually acts as a new support given that is was "validated" by the deal. The price will usually a bounce off that level so whoever bought the $0.72 dip already made money.