GREY:IVITF - Post by User
Comment by
display_nameon Mar 14, 2019 5:09pm
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Post# 29487974
RE:What to do
RE:What to doShort data comes out today or monday. If youre considering changing your position based on market sentiment you should wait for these numbers as they will provide some insidght towards where the market actually expects this to go.
Personally I bought in on the belief that fundamentally 100 mil is undervalued for a 59,000 footprint, same logic applies to 100 mil and a 189,000 sq ft footprint. Fundamentally I'm fine holding this through the dips unless news comes out which negatively impacts tangible production capacity, I have bought my position with zero margin and have all the time in the world for margin shorts to exhaust themselves and for the market to return this to a rational price point.