RE:When can we hit 0.3?scottrose wrote: It's true the bear market will linger around longer as recession picks. With this in mind what are the longs opinion on when DM can hit 0.3 according to your analysis.
. I think Swyint's explanation is correct but there could be an accellerated route to .30 and well beyond. People also buy and pay more for expectations that have a high degree of certainty. So if a car company signs on to solve their range anxiety needs, or if a large property developer signs on to have DM involved in future condo/apartment garage charging infrastructure, or a union signs on to medi-call to provide services to all their out of Canada members, then we could see an immediate trip to higher prices without seeing the cash flow just yet. I believe this could happen regardless of the general stock market malaise.