strategic viewpoint on IVC, page-144

  1. 11,093 Posts.
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    never owned this stock as its always looked expensive to me at $13+ but it looks decent value here around $10, even though im expecting a market crash any time soon, i think IVC could drop to $8, yes there is a growing elderly population BUT the thing is, how many of their families will bother spending $8000+ on a fancy funeral, ill tell you a little secret, my mother wants me to give her a nice EXPENSIVE fancy funeral, but when she dies, it will be a $800 CHEAP CREMATION, when the real effects of these govt closures hit home and we enter another great depression OFFICIALLY, will people bother paying $5000+ for a fancy funeral? MAYBE, but i sure as hell wouldnt, the number of cheap cremations will go through the roof, and will IVC still make money if most people just want a cheap $800 cremation and not a fancy $5000-$8000+ funeral?
    i dont know.
 
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