What I have failed to acknowledge is the microeconomic events related to Race which may have contributed to the SP fall as part of Lallapalooza comment. There is clearly a lot of impending news which Dr.T has mentioned is due this quarter. I am one of those believers who will wait until end of this month, not for deciding whether to sell, but reassessing my belief in the BOD and the said timelines. What I will also be looking for is whether any delays have appropriate commentary beyond just “Covid delays”. I refuse to drink the Kool-aid.
I have been invested in Race for more than a year and increased my exposure substantially and will continue to do so as long as the fundamentals are intact. I can sleep well even though my stock is in the red. However some nervous nellies or traders may have sold at higher SP only to re-enter at lower levels.
Again, I may have missed so many things (I have expressly not mentioned each activity) but I just wanted to recognise some company specific reasons as well.
Cheers
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$1.69 |
Change
0.010(0.60%) |
Mkt cap ! $287.1M |
Open | High | Low | Value | Volume |
$1.69 | $1.70 | $1.65 | $89.01K | 53.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2342 | $1.69 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.70 | 5 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2342 | 1.685 |
1 | 3664 | 1.680 |
1 | 5077 | 1.660 |
1 | 1265 | 1.650 |
1 | 612 | 1.635 |
Price($) | Vol. | No. |
---|---|---|
1.695 | 5 | 1 |
1.700 | 11000 | 1 |
1.730 | 2399 | 1 |
1.750 | 952 | 2 |
1.775 | 1328 | 1 |
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