RE:😍I love this stock because They will likley have to lower the second half of year and annual guidance with their next quarterly release. I've free'd up some capital and am waiting for the release in case the market doesn't like that news. Q2 should be good as the exchange rate was up for almost the entire quarter. Their debt balance is going to come down as well due to the quarter end exchange rate as the translated GPB debt will be lower in USD for reporting purposes. I believe the bad news of lower guidance it's priced in already, but the market does what it does sometimes so I'm getting ready for it in case it creates an oppurtunity. Long-term, I'm comfortable here.
Hateshorts wrote:
the market has turned it back for now. Its a great chance to get in cheap. In a few quarters mark my words I feel we trade in the 60 dollar range.. When it goes higher it will be in dollar implements after next quarter