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Ugly Duck
In going through past portfolio recommendations, I noticed that SND is substantially below the original recommendation price. Curious about the color here, what happened here. Perhaps more importantly, am I correct in assuming that one should buy the stock if it is in the portfolio and below the buy limit?
Eric,
I posted these comments on SND about two weeks ago and feel the same:
I do think SND will move up to the mid-20’s but you might need some patience. It reminds me of SolarEdge (NSDQ: SEDG), a stock I had great faith in but it kept getting sold off despite good quarters. Investors were worried solar was saturated. In the same way, investors are nervous over fracking stocks. Take a peek at the SEDG chart and you can see that I sold at exactly the wrong price. So I am trying to wait it out, despite the big loss on the “books”. I hope that is helpful.
Best,
Linda
Stock Talk
Ugly Duck
In going through past portfolio recommendations, I noticed that SND is substantially below the original recommendation price. Curious about the color here, what happened here. Perhaps more importantly, am I correct in assuming that one should buy the stock if it is in the portfolio and below the buy limit?
Thank you, Eric.
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Linda McDonough
Eric,
I posted these comments on SND about two weeks ago and feel the same:
I do think SND will move up to the mid-20’s but you might need some patience. It reminds me of SolarEdge (NSDQ: SEDG), a stock I had great faith in but it kept getting sold off despite good quarters. Investors were worried solar was saturated. In the same way, investors are nervous over fracking stocks. Take a peek at the SEDG chart and you can see that I sold at exactly the wrong price. So I am trying to wait it out, despite the big loss on the “books”. I hope that is helpful.
Best,
Linda
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