Sorry, but in my view this advice is downright dangerous. Mantra's in a down trend and should NOT be purchased at present no matter how good the "fundamentals" look. Why buy now and then wait around for 3-5 years as savvy suggests, when your money could be elsewhere working for you right away? Doesn't make sense. Mantra is broken. It has fallen 40% in the past year and is still falling. Just stop and think about that for a moment. -40%. I hope the fundamentals keep you warm if it falls another 40% from here because I can't see how they have materially changed over the past several years, and if anything, are improving.
I was thinking $3 was the base and I was watching for a move higher, but we have now fallen through that. The downtrend is pervasive and it will take a lot to turn it around. I'll check back in 6 months.
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Sorry, but in my view this advice is downright dangerous....
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