InvestorsHub Logo
Followers 31
Posts 1176
Boards Moderated 0
Alias Born 02/05/2013

Re: soldier543 post# 43436

Friday, 12/02/2022 9:52:21 AM

Friday, December 02, 2022 9:52:21 AM

Post# of 52051
Soldier, many on this board have cost averaged along the way - I too have bought in at points higher than today's SP, but keep in mind that the SP is NOT indicative of the value of this company.
With regards to this stock and the economy, one person says "recession" and then everyone hops on that bus and feeds off the next person, regardless of how the economy is performing. Yes, Inflation is high, but consumers appear to not have gotten that message. Jobs being added at record paces are also feeding into the inflation scare. Now you have people screaming "the sky is falling" but those people are the very same people who will benefit from dropping the SP of many stocks. I believe we will have a soft economic landing and the whole thing will correct and turn around by mid 2023 if not sooner.
Look at the Saudi's, they sought to influence our election and reduced the # of barrels of oil thinking they would scare voters into the Republican's hands...didn't happen and now they are sucking up to the Biden admin...they too did it for personal gain. Same with Putin and Ukraine...Putin seeks to destroy our Country, and the best way to do that is to help create chaos and promote idiocy...these people ALL have reasons for their actions.

Me, I don't trust a lot of these economists, especially if they are employed by firms that trade and benefit from market manipulation.

All said, this company is in a solid position and it will benefit those who have the strength to weather the market...question is, will they scare YOU out of your investment opportunity?
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent IQST News