InvestorsHub Logo
Followers 41
Posts 19857
Boards Moderated 2
Alias Born 01/04/2011

Re: investorwisdom post# 61935

Monday, 08/07/2017 5:59:03 PM

Monday, August 07, 2017 5:59:03 PM

Post# of 63744
Thing I'm also thinking is there has been no capitulation at this point.
Maybe upon or after Q2 release, and that miners are technically quite bearish now.
Like Trunkmonk says, going to be several quarters to see how BAA pans out.
Plus the MV has broken near 20% below the approxiamtely $50M refi valuation.
Yet again, ultimate previous MV low when BAA was at previous $.115 low was about $29M.
That may be a reasonable target.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.