EVE has legs, page-233

I know a couple of respected posters are saying not to look at the peers as they are overvalued but at the end of the day the whole hemp, medicinal industry is being rerated and the market will value it accordingly to where they see the potential growth. With the government now supportinng these industries they have a lot of growth potential.

QBL continues to run. Went over 8 today. Using peer and sector comparisons is an excellent way to run valuations on stocks as to whether you believe they are over or undervalued. If the entire sector readjusts and it dips further down the track then that’s not the problem right now. You need to see when sector valuations are too high and exit your holdings but as of now the sector has a lot more room to move up.

We have all seen sector sentiments change which was seen with the uranium bubbles and rare earths bubble..even graphite etc. At this stage EVE is still too cheap in accordance to the sector. Hold tight. Has a lot further to run IMO.