The funny thing is nobody questions the over 1200% gain from 2020 to 2021.
What did the business do during that time? There was an investment by Philip 66, but not much news of significance to drive up the share price.
Back in 2020, when the price was at one point in the 30c range, would you have been happy had someone told you the price would be $2 near the end of 2022. Likely, Yes. But now that's its come down from 12 to 2, it's not that great.
What I am trying to say is Share price does not determine the quality of business. At 12 NVX does not become a great company similarly at 2 its not a shit business.
It's not a great place for people who bought in at 8,10,12 but that's where you have to understand the stock market is place of speculation. In the long run your research and conviction is only thing that will reward you.
The funny thing is nobody questions the over 1200% gain from...
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