Originally Posted by
justakiwi
If you are a trader then yes, price matters a great deal more than it does for long term investors. I think we all understand that. But the continual, obsessive focus on OCA's share price (and care costs) is completely irrational. Which puzzles me, given the wealth of experience in these forums. Sometimes I come to check this thread and wonder if I have come to the Sharesies Share Club FB page by mistake.
You do not judge the value of a company by its share price.
I will say this - I am convinced that many people holding OCA and/or posting in this thread, do not actually understand Aged Care. I realise that most of you are more concerned with the property aspect of the sector, but all of these providers are providing Aged Care. Whether that is in a villa, an apartment, a care suite or a standard care bed, it is all aged care to one degree or another. Some of the biggest critics of OCA (both here and in other "places") clearly, just do not "get it."