Anyone cares to take a wild guess as how much lower USRX can go before it starts going up. And yes, I know the lowest it can go is 0, but lets assume it does not go that low.
Scrapps, you once said you thought 48 will be a resonable bottom (but mainly because you bought it at that price). Do you still think 48 is resonable? It seems that the fashion of the day is to sell and sell and sell even more (just the opposite of how it was a few weeks ago - to buy, buy and buy even more!). So if we exclude the existing 'fashion' and 'popular trend' in the current overall market, at what level USRX is considered undervalued (based on its existing fundamentals)? I thought at $73, and then $64, and then $58 the stock was pretty much undervalued, but obviously the market did not agree! Or is it the existing 'popular trend' and 'fashion' that is causing USRX to go below its undervalued levels?
Regards,
Addi Jamshidi |