TSX:INO.UN - Post by User
Comment by
Lyburnumon Nov 10, 2022 10:17am
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Post# 35088220
RE:Earnings better than expected
RE:Earnings better than expected What I was saying all along. this is one of the most undervalued plays in Canada RIGHT NOW even after the 10% rise in share price. This is going back to over $4.00 easy short-term. Longer-term 4.50-5.50. The underlying risks were way overblown.
Therefore, I'm back in. I decided to diversify my holdings, however, and picked up some other cheap REITs (IIP and KMP) as well as some BNS along the way to limit my exposure to the inherent risk of Inovalis. I love the risk and potential upside, but I am personally at a very weak spot financially. If I see more promising news over the next quarter, then I am going to keep buying as my situation gets progressively better.