Good move Tran.
Warren Buffet said something along the lines that when markets go well beyond fair valuation, you don't now when, but it's 100% guaranteed they will come back to earth at some point. And thats how wise investors with patience make money by either selling short or buying when valuations overshoot to the downside through panic selling, vs someone investing at near the top at great risk just to make a few %.
The same is true of of undervaluation, HIO's shares will move sharply upwards towards fair value, either tomorrow or in 6 months, who knows exactly when, at some point it will, and its not far off.
Whats the downside? A few cents at best. Upside? A few dollars at worst. The odds are way in your favour.
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Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $21.34M |
Open | High | Low | Value | Volume |
2.1¢ | 2.2¢ | 2.1¢ | $10.12K | 482.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 1272408 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.2¢ | 730691 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 1272408 | 0.020 |
7 | 2473147 | 0.019 |
2 | 75555 | 0.018 |
1 | 58823 | 0.017 |
3 | 585000 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 730691 | 6 |
0.023 | 452868 | 3 |
0.025 | 307439 | 4 |
0.027 | 195000 | 3 |
0.028 | 38230 | 2 |
Last trade - 15.46pm 08/08/2024 (20 minute delay) ? |
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