I personally actually really like this position of 4STOCK right now.
Not because I think its fundamentals are particularly great—mainly because the recent consolidation and shakeout has been tough enough. It feels like everyone who should have sold has already sold, and the chips have actually become cleaner and cleaner.
So now I’d rather treat it as an under-the-water observation target. I won’t chase; I’ll just watch slowly.
I think the most comfortable state for stocks like this is: not many people are paying attention, the price is still below the waterline, and the shares have already been washed out about enough.
When the sentiment finally turns, the price likely won’t be this level anymore.
Of course, this is just my own understanding of the board—I'll just squat and watch for now.
#4STOCK
Not because I think its fundamentals are particularly great—mainly because the recent consolidation and shakeout has been tough enough. It feels like everyone who should have sold has already sold, and the chips have actually become cleaner and cleaner.
So now I’d rather treat it as an under-the-water observation target. I won’t chase; I’ll just watch slowly.
I think the most comfortable state for stocks like this is: not many people are paying attention, the price is still below the waterline, and the shares have already been washed out about enough.
When the sentiment finally turns, the price likely won’t be this level anymore.
Of course, this is just my own understanding of the board—I'll just squat and watch for now.
#4STOCK