I'm not going to lie, I feel a lot more comfortable with the price here than I did with it over $2 or around 80 cents. For whatever reason, it just kind of feels to me like this is where it should be trading: somewhere between $1.10-$1.80. I don't know why. It just seems like a fair valuation at this point.
With everything coming down the pike yet this year, I think it gives us a lot of room to the upside without going crazy. If we can just continue to hold these levels for a while, I think it will create a very nice base to jump off of when the time comes and will help create a new floor in the future.
I'm not going to lie, I feel a lot more comfortable with the price here than I did with it over $2 or around 80 cents. For whatever reason, it just kind of feels to me like this is where it should be trading: somewhere between $1.10-$1.80. I don't know why. It just seems like a fair valuation at this point.
With everything coming down the pike yet this year, I think it gives us a lot of room to the upside without going crazy. If we can just continue to hold these levels for a while, I think it will create a very nice base to jump off of when the time comes and will help create a new floor in the future.
Posted Using LeoFinance Beta
Yeah, I know what you mean and I feel the same. For some reason, it looks like a good place to be for the time being.
Posted Using LeoFinance Beta