Six months from nowToday's share price will look like a bargain.
Dips hurt, but are a great time to buy if you agree with the fundamentals and still have some buying power - problem is, bulls already have seen the upside, and are often fully invested - the selling comes from the shorts, fear, margin calls, and the uninformed, and day traders compounding these swings. Nothing has really changed in the last six months in the macro environment - we now just have governments throwing everything they have at lowering the price of commodities to fight inflation and try and win votes - this will not defeat inflation, it's like paying off debt with debt, and with rising interest rates, the governments are only making their own debt more expensive - they are only delaying and prolonging the inevitable of high energy.
The summer lull has made stocks particularly vulnerable to manipulation and swings.
Set a reminder in your calendar for six months from now with a note what the share price of TVE was today, and I bet you will wish you made some moves to buy more.
IMO and GLTA