It will never go broke and neither should any other big operators. Too much involved already. A few more capital raises or bond issues maybe if they needed it.
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These have done nothing for sometime, and with rising interest rates and a housing market coming off it's highs, they are not likely to be going somewhere positive anytime soon either. What was the old saying? You can't have too many? The new saying should be any is too many.
Its going to be a real test for these companies when the more transmissible variant arrives.
Surely inmates deserve the best and latest vaccines for the OMI variant as soon as it clears its flight testing..
The GOVT cant just flub the whole thing like the RAT ATAT TAT testing.
These stocks need the best juice shipped to them in the coming battle...
"any is too many"
Classic and yes it was reduced from a larger percentage to a small one at 1.40.
If it gets a 1.0 then might be worth a larger holding but only if it makes a profit...does it make a profit?
I have way to many but don't care about todays share price. Whilst disappointing it is what it is and fir me it starts 2022/2023. And if you looked hard you will see the share price is now where it was in Oct 2020, so will would say its done nothing even with the large run up in house prices. NTA is currently $1.42. If you can't handle the heat then maybe you should leave the OCA kitchen.
After seeing recent rout of OCA ....I am feeling very lucky that I chose to see the writing on the wall and bailed out without loosing my pants during divvy run up . Since then its only downhill ...maybe something is hidden from our experts here .
Capitulation soon? Maybe the coming omicron wave will knock it onto its knees. Could it go below $1 briefly?
Dic, holding
I am Investor in my core portfolio ....this I was following the leaders here ...jumped in only recently as a follower of OCA brigade ...but soon realised its showing weakness so bailed out ...Bull was sounding alarm bells too ...lol ....Price action was showing Bull maybe right
https://www.marketscreener.com/quote...268/consensus/
That would be good. Imagine, you've identified an asset that you'd like to have a large part of and didn't intend to sell for a long long time, if ever, and it's on sale for well under NTA value.
That's long term investing. These are the times you buy or accumulate, not to capitulate and sell. Selling now would be stupid for an investor. Sell for under NTA, you being kidding surely?
Maybe not for a confused investor who is actually not a long termer and is sensitive to capital price movements of their long assets in the market.
Motive is important in investing, patience is essential, and the market only presents opportunities to take further advantage of the long term opportunity.
Recalibrating ones mindset is not easy, but it is profitable over time. If one has the time and the patience.