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
$1.42 |
Change
-0.130(8.39%) |
Mkt cap ! $1.082B |
Open | High | Low | Value | Volume |
$1.47 | $1.55 | $1.41 | $47.97M | 32.63M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 73667 | $1.42 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.43 | 12500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 73667 | 1.420 |
8 | 110500 | 1.415 |
14 | 173383 | 1.410 |
5 | 24390 | 1.405 |
116 | 602365 | 1.400 |
Price($) | Vol. | No. |
---|---|---|
1.425 | 12500 | 1 |
1.430 | 15597 | 2 |
1.435 | 25000 | 2 |
1.440 | 65082 | 6 |
1.445 | 20000 | 3 |
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