I think you’re mistaking prudence for fear. Good value now is even better value when the price is cheaper. No one knows how big this virus will get so no one knows it’s impact on WEB. I don’t doubt that the company will recover and I agree that buying now will result in a profit when it does.
I’m not making a comparison here, but I’m sure people were also saying “stay calm and take advantage of the low prices” the week before the Great Depression, the 1987 crash, the Tech Wreck and the GFC. All of those events also now look like blips on the graph, depending on how far you stretch your timeline. As I’m sure Coronavirus will. In time.
WEB Price at posting:
$10.12 Sentiment: Buy Disclosure: Held
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