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Strategies & Market Trends : Value Investing

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To: Elroy who wrote (69289)12/11/2021 5:05:53 AM
From: bruwin  Read Replies (1) of 78451
 
Yes, I know his price numbers are correct. But he's looking at a time stretching back ~9 YEARS when UAN was at $250($25) a share. A lot can happen over that time period that may have little, or no, bearing to a CURRENT situation of a stock in the Market place .....



IMO, what needs to be better considered and evaluated is to why there's been an over 330% rise of UAN's price in less than 12 months.

That, in turn, could certainly have something to do with the 1:10 Reverse Split which took place RIGHT AT THE START of the above mentioned rise in its price.

And when one considers the "Key Takeaways" of a Reverse Split, and one bears in mind Carl Icahn's "involvement" with UAN via CVR and the points below, it could very well be that it goes some way to contributing to that major recent rise in UAN's price.

But, hey, you've been the major promoter of UAN on this board, so maybe you are better placed to zero in on these recent events and major price surges .......

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