Post by
Optimistic on Mar 03, 2019 12:05pm
Diamond in the Rough
Maxar has value. The lowest sale price this year was US$4.77. A base has formed in the last 2 months, which looks OK except for Friday of course. People looking at the base will see the low price and that it was not breached. So if they want in, they'll have to pay more. A deeper discount is not expected. I see enough value here. Things are changing for the better. Maxar has lots of opportunities available to them. I think their plans going forward are promising. I'm holding my shares. I see this as a 5-bagger within 2 years time from the low. I can wait that long to get US$24. Maybe more if a take-over occurs.
Comment by
PANAGONINVEST on Mar 04, 2019 6:10pm
Based on how the stock price has continuously been falling off a cliff for the last 6 months it appears The Market and the Smart Money disagree with your assessments otherwise they would be buying in and not selling off. DYODD and GLTA