I was thinking at a 1B MC DRO was overvalued. I took profits along the way since 34c, I dont believe alot of people who think they can tell me right now what fair value is.
Sure they're profitable now, and the next quarterly should be good, but I don't think they're at the stage of being a 2B MC Company. Of course we never buy at fair value, we want to be in early so we can get the max gains along the way, sadly I think it was overbought, and had to come off at some point.
The boys at equity mates have an episode which is a deep dive into DRO and the broker on there was discussing what it would take to be a 1B company (well it was already worth that when the episode dropped) and that had me concerned.
Best of luck to any holders, hope there aren't many that bought above $2
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Last
96.0¢ |
Change
0.010(1.05%) |
Mkt cap ! $832.8M |
Open | High | Low | Value | Volume |
95.5¢ | 96.5¢ | 94.0¢ | $2.574M | 2.696M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 62121 | 95.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
96.0¢ | 32933 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
22 | 54229 | 0.960 |
17 | 166778 | 0.955 |
24 | 289849 | 0.950 |
14 | 298116 | 0.945 |
21 | 187317 | 0.940 |
Price($) | Vol. | No. |
---|---|---|
0.965 | 82455 | 17 |
0.970 | 219669 | 16 |
0.975 | 213758 | 12 |
0.980 | 165072 | 10 |
0.985 | 574358 | 10 |
Last trade - 13.18pm 05/11/2024 (20 minute delay) ? |
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