Wednesday, August 21, 2019 10:09:26 PM
That, to me, is one of the most logical things posted on this board, and I read every post. The stock fell off a cliff because of RC's conservative outlook combined with the yield sign both happening around the same time. The yield sign is now gone, and we know they'll crush the $800,000 estimate. So....an absolute golden buying opportunity given because of a severe overreaction to news. Happens every day.
For long term longs, it shouldn't matter that the stock has had a bad couple days, and a tough month or two. It's still up 500% over the last year, and 1700% over the last 3 years. Those are fantastic returns! This stock will continue to give long term investors phenomenal returns, as long as the company simply continues to execute like they have been. And there's been nothing to suggest they won't do that.
This is a great company, and fair value for the stock is significantly higher than where it is today. This isn't the first stock to be mis-priced, and won't be the last. But the share price will eventually get to its fair value, and when it does, anyone who bought at these levels will be extremely happy.
All just my humble opinion, as always
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