OTCPK:HBAYF - Post by User
Post by
bluejay100on Sep 25, 2018 8:16pm
79 Views
Post# 28689081
When to get back in...
When to get back in...... is the question I am grappling with. The stock is down 15% since I exited, but I think I need it to go down another 15% from here to tempt me back in. So basically not far off 52W lows. Is that a possibility? TBH I cannot see it going down much below 9, but you never know. The challenge is that if I get in at 9, it could be years before I see a decent return. At closer to $8 bucks at least there is more upside.
Currently 60% up on HEXO in the cannabis space, and I am coming to the conclusion that this deserves more of my investment dollars - it still looks undervalued to me, even when leaving aside the likelihood of a buy-out soon.