OPY 0.00% 19.5¢ openpay group ltd

$5 Party, page-943

  1. 3,660 Posts.
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    Good point. I've been trading for 22 years, I know a good company when I see one based on experience and this thread is not anything new believe me! I've traded stocks that no longer exist or got taken over and lost / made a bundle riding the waves.
    The stock market is driven by the emotions of fear and greed and the sentiments of patience vs impatience.

    Some traders think a stock is like a penis: it goes up every morning. But, they don't all "rise and shine."
    We need to remember 2 very important things:
    1) OPY is IN A SECTOR WHICH IS UNDERGOING A CORRECTION. I have no idea why this is not understood. You can be an Olympic runner, but if you get a serious bout of the flu, you won't achieve your best timings while you're ill. OPY is in a sector with a head cold. It will pass, and the good news will come as the growth unfolds, which brings me to my second point:
    2) OPY has yet to announce its recent growth figures from the UK market, Pentana Solutions and Woolworths to name a few. This significant growth won't be realised for a while, so the stock is only being valued as it is now with a bit of forward projection.
    The analysts currently have APT & SZL as overvalued, whereas OPY is undervalued with its true valuation at $5.60.

    Anybody who is looking for $5 this week needs to get their temperature checked.

    Hold, hold, hold...
 
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Currently unlisted public company.

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