Exactly this is why I tell people all the time the market can value a stock wrong on the upside or downside all the time. So when I see people say a stock is priced at a dollar for a reason that is not always the case. Sometimes the stock just has not caught up with the growth. Just like a 50$ stock can get way ahead of its growth.
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.