Your real estate comparison in investment might reverse itself, as I see it, as I expect a significant break in in real estate values, causing me to have sold several properties early this year.
The broker activity in this stock has, at the same time, provided me with the opportunity to increase my holding significantly, while parking most of the proceeds in cash until a market bottom becomes clear. For that, a level of investor capitulation needs to reached, something I still see as being a few months off. In PYC’s particular case, an early commitment appeared stock specifically motivated as first drug development enters the clinic shortly and trading/ large investor positioning points to partner activities for other programs under stealth development.
Best of luck in your investments, the current market requires both, caution as well as guts to position where unique opportunities appear of stocks well suited to perform within market corrections or recessions all IMO
PYC Price at posting:
7.0¢ Sentiment: Buy Disclosure: Held
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