RE:RE:RE:A clearer estimate of EATS actual valueVERY is a good investment that will require a few more quarteres of results to show its worth the investment in my opinon.
So far we are down over 50% from Jan Highs. I dont think its obsurd to think it will continue its drop.
I just hope it gets down to 1 and this time i might keep my money until it hits 4 lol
PhDtrader wrote: If you can get back in at under a $1 good on ya! But what makes you think it will go so low? Just the current downward momentum in EATS and in VERY?
For it to go to $1, the outlook would have to shift dramatically with investors suddenly don't not seeing any growth potential in food biotechnology - Unlikely.
What were seeing right now is overreaction among investors to a cooling in growth stocks. We all expected this in February and March, but don't expect it to go on for a couple mroe months before EATS portfolio swings back up. Plus VERY should be bringing their Rupert Facility online this week, and so that key indicators for EATS is about to swing around.
That's just my opinion. I'm in for the long haul. Glad you got youir 25% profit and sold short at $2.50, lol