Patience!!!Two weeks ago Morningstar's Fair Value sp was $.24 and its 1-star valuation, $.64. Today the Fair Value sp was $.21 and the 1-star valuation $.68. So, in spite of market volatility (and the bleeding across the markets over a couple of recent trading days) the analyses remain strong ....as they should.
Barchart's sentiment has dipped a little but is still at an 80% Strong Buy and the resistance levels have converged. All is good provided you're HOLDing long.
Sparta IS NOT a covid play, certainly in the longterm, so the only investors with legitimate complaints are those that 1. don't understand this or 2. wanted to make a quick buck regardless.
Imho the covid returns and revenue generated from the real estate development are clearly shorterm but extremely valuable in developing the longterm, existing divisions of Sparta. Investors used to wait weeks and sometimes months for news ....but like the worlds spawned by emails, texts and voice mails patience in investing seems to be at a premium.
Cheers ...and GLTE