Great opportunity here . With the current market uncertainty I am trying to better position to accommodate market downturn . Low beta undervalued stocks are one of the ways I will be doing this.
-Low beta , less volatility.
-Profitable company ,
-At a nice support bounce area
-Nice margins
-Insiders buying recently abouve current price
-RSI 26.67, oversold
-Monthly dividend
-Low float,low avg volume and even though the short float is only 1.12 the short ratio is 5.76. A little volume should push this up
quite nicely .
My game plan here is to recover my cost at target price and hold remainder indefinitely.
Good luck ~
-Low beta , less volatility.
-Profitable company ,
-At a nice support bounce area
-Nice margins
-Insiders buying recently abouve current price
-RSI 26.67, oversold
-Monthly dividend
-Low float,low avg volume and even though the short float is only 1.12 the short ratio is 5.76. A little volume should push this up
quite nicely .
My game plan here is to recover my cost at target price and hold remainder indefinitely.
Good luck ~
Komen:
Should you enter , see what ecn is most active on level 2 , there was quite a bid ask spread , make sure you use a limit. I took advantage of level 2 and had 2 limit orders placed , one with smart router and one with BYX ecn , was suprised smart router filled through island first . Anyways , main point is , definitely use a limit order on this one as market could certainly get you a bad fill .
艾力克~