Post by
rkhosla on Oct 13, 2022 12:03pm
If we needed confirmation that the market is not rational..
Just look at today's trading on the market as a whole. The initial reaction to the US inflation numbers was the S&P dropping more than 2%. Now it's up. Almost 2%. Look at how our little teeny tiny stock traded this morning. All these analysts and talking heads like to give the impression that they understand the market and they know which way it's heading and they know how to valuate it. But it remains fundamentally quite irrational. And I think that gives credence to how mispriced our stock is. Not to add to the craziness or volume of monologue, But I do not think a $2 valuation for our stock is unreasonable and I think we will get there. It's taking longer than I thought and clearly we have some headwinds. Cuba is in a horrible situation. The world in general has various crisises, Not to mention inflation and this aggressive rate hiking inevitably provoking a massive recession.
Comment by
VerificateASAP on Oct 13, 2022 12:09pm
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Comment by
rkhosla on Oct 13, 2022 12:13pm
*I do think a $2 valuation for our stock is NOT unreasonable. lol key work dropped
Comment by
VerificateASAP on Oct 13, 2022 12:41pm
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Comment by
VerificateASAP on Oct 13, 2022 12:47pm
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