Novatti - The $1 party, page-2543

No one knows where the NOV price will settle in the new normal. The RADI may or may not add share price value. It’s becoming clearer that the market days of equities with 20-30 x revenue or 10-20x sales are behind us. We may be slowly returning to more traditional metrics which will see a significant re-rating across the board. This should excite everyone because it means you will be able to buy more shares of the stocks you like. This may also mean a need to consider a return to a period where it takes 5-10yrs for grow stories to play out with no advanced valuations based on potential future revenue. Let’s see how the US market goes tonight. If the META after hours drop holds and so does the PayPal drop from yesterday then strap yourself in for a ride and bountiful opportunities. Sentiment changed to hold.