RE:6 Month avg is total garbageToo much volatility right now in this industry to look at 6 months.
There is way too much news to come out this year and more products to be introduced by HEXO so looking at the past 6 months would not be the best gauge in my opinon.
it should be at least at 10 bucks right now. these prices are ridiculous.
quinlash wrote: How can a 6 month average on any stock at this point and time be looked at as anything representative of where a SP should be ??
Think about it... in March of 2020 we were just starting to see the sell off in ALL STOCKs and all sectors, due to the fear and uncertainity brought on by C-19 and the economic fallout that it would cause. We are still dealing with the virus and vaccine rollout so there is still fear in the markets (uncertainly at a minimum).
If investors cannot be bothered to learn the fundamentals to gauge how undervalued or overvalued a stock is they are going to be doomed to missing an awesome buy and trading out in full or partial trades when a stock is hot or over-heated.
IMHO, based on what I see, the stock remains grossly undervalued, even at $14, so I opt to buy and hold until we see better days.
JMHO, DYODD and GLTA
Q