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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I was thinking at a 1B MC DRO was overvalued. I took profits...
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Last
96.0¢ |
Change
0.010(1.05%) |
Mkt cap ! $832.8M |
Open | High | Low | Value | Volume |
95.5¢ | 97.0¢ | 94.0¢ | $3.383M | 3.538M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 43018 | 96.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
96.5¢ | 64268 | 21 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 39687 | 0.960 |
23 | 192554 | 0.955 |
23 | 212896 | 0.950 |
13 | 251863 | 0.945 |
23 | 293965 | 0.940 |
Price($) | Vol. | No. |
---|---|---|
0.965 | 101255 | 24 |
0.970 | 272877 | 21 |
0.975 | 127271 | 10 |
0.980 | 297858 | 10 |
0.985 | 690659 | 11 |
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