FIL May 2021 price around 105—should we bottom-fish here? If we really buy the dip, it would take an increase of 130x to get back to the cost line.
On the other hand, the current price is around 0.8. If it can come back to around 0.65, then I’d put $20,000 into the spot. The value-for-money at this level is still quite good.
Although FIL has disappointed a lot of people’s expectations, it’s extremely hard for those who bought at the high end to get their money back. But for those who enter at the low end, if you set your expectations a bit lower, getting a 2x or 3x return is not a big deal.
$FIL
On the other hand, the current price is around 0.8. If it can come back to around 0.65, then I’d put $20,000 into the spot. The value-for-money at this level is still quite good.
Although FIL has disappointed a lot of people’s expectations, it’s extremely hard for those who bought at the high end to get their money back. But for those who enter at the low end, if you set your expectations a bit lower, getting a 2x or 3x return is not a big deal.
$FIL
