RE:RE:RE:RE:RE:new 52 low comingThere are a million ways to set a price target, most traders just go with their "gut" and wing it, you and I are likely considering the market conditions in 2020, referencing other stocks and then making assessments on sector and stock developments going foward.
As far as I am concerned if someone is looking at Zenabis prices and are confident they will fall then they should go ahead and load their margin accounts so they can benefit with the trade in both directions. If they set their buys too low they get zero shares and will not be around to sell those shares for more later on, too bad for them. My next round of buys will be at a price I like and below my weighted average.
Jimmy713 wrote: Agreed, Quinlash. However, one should have a realistic target price. Predicting that the share price will go down to 5 cents is not a reasonable target!!!
Is he saying Hexo will be trading at $2.80, during Covid crash it did not reach that low.