What appears to be happening is pure panic and for a good reason I guess. No one has experienced what we are experiencing now with the virus and no one knows what the impacts will be or the costs or the rate of recovery, etc.
So we are operating in the dark and when that happens in the market it is always downhill and overshoots - IMO the overshooting is overdone.
So let us see where it settles.
IVR Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held
