OTCPK:INPCF - Post by User
Comment by
tkirk62on Mar 24, 2018 10:52am
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Post# 27775111
RE:RE:I’ll be buying on Monday if INP stays this low
RE:RE:I’ll be buying on Monday if INP stays this low
I do think we're getting closer to the true value now, but the margin of safety still isn't high enough for me. At these prices I think long term growth in the share price is tied to long term growth of the business, which I've expressed my reservations about before. I'd consider buying in when I think the company is undervalued, which is likely another 10-20 cents down. I'd also have to be hard-pressed for other market opportunities, and right now there are simply better companies more fairly priced than INP.
That said, I think this drop was due to indiscriminant selling and Input is likely to rise next week. My short term price movement calls are always worse than my long term calls though.