I'm holding it with conviction. When there were no treatments or vaccines available I held it. When SP went below $2.40 and there was a threat of dilution I held it.
Now it is scary again. I won't be surprised if SP hit $4.00 or even $3.5 mark because that would be a clear reflection of the company's outlook given the current catastrophic climate. We don't expect SP to be $6 - $7 at this juncture.
Remember: there are days when years happen and there are years when days happen. URW almost doubled its value in a matter of two weeks in Oct/Nov 2020. The chart seems disappointing at the moment but I'm still Hopeful.
If we see downtrend of infection across Europe in next 6-12 months there is no doubt that URW would bounce strongly.
Of course, there are a lot of IFs (that's the risk we need to bear for reward).
DYOR. Cheers!
URW Price at posting:
$4.74 Sentiment: Hold Disclosure: Held
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