I personally would rather have it drop a fair bit (yes I hold) and then resume a normal uptrend like BAL's. At the moment it's just up up up and possibly slightly over fair value already. So that's unsustainable. Can production actually supply enough product to, say, double the profits next year? If we get ahead of ourselves now there will be a new article in the paper in a few weeks about how it fell from $2.50 or whatever ridiculous price down to $1.40 and all the mums and dads lost their savings after they bought in at the high.
It is going to drop and there will be fear and blood, so I'd rather it be sooner rather than later. A nice uptrend like BAL and very few people get hurt and they all get rich.
I don't want to have to 'trade' this one, I'd rather just hold it, but if it's up and down like a yoyo I guess I'll have to say goodbye to the idea of waiting 1 year in order to slap the taxman around.
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$6.42 |
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Mkt cap ! $4.648B |
Open | High | Low | Value | Volume |
$6.50 | $6.52 | $6.41 | $5.011M | 777.6K |
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No. | Vol. | Price($) |
---|---|---|
2 | 6632 | $6.41 |
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Price($) | Vol. | No. |
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$6.44 | 300 | 1 |
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2 | 6632 | 6.410 |
2 | 238 | 6.400 |
2 | 3466 | 6.390 |
5 | 37541 | 6.380 |
2 | 12519 | 6.370 |
Price($) | Vol. | No. |
---|---|---|
6.440 | 300 | 1 |
6.450 | 13430 | 2 |
6.460 | 10896 | 3 |
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6.480 | 7430 | 1 |
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