IVR spent about a month dipping under the 3.32 resistant line. However, that resistance is now broken. IVR has reached the 5$ price mark two times since March, and now I'm positive that IVR price is going to break the 5$ price mark very soon! As people usually say: "Third time's a charm". Put your helmet on and ride safe my friends!
I'm looking at it from a fundamental standpoint and it's a buy and hold stock for the long term.
Its p/cf ratio is around 6.
Its p/b ratio is 0.3.
Its P/S ratio is 0.9
Its ROE is near 15%.
Its operating margins and profit margins are damn excellent.
Other than its debt to equity ratio of 8, this is an excellent stock.
Its dividend yield at this price is near 50%. That could change real soon but it's great.
Its DCF calculation (based on FCF) says this stock is worth over $25 per share and has it has a margin of safety over 80%.
I have been dollar-cost averaging this stock around $2.70 a share and will continue for the long haul.
This is all I'm buying at the moment.
TrendsOutlook
⋅
Jump in now or do you have an entry? TY
tooneysharkie
⋅
@TrendsOutlook I think you still jump in and take profit at around 5$, and a trailing stop after that. But please remember, do it at your own risk! Plus, remember to set your stop loss.
NaderGirlJ
⋅
@tooneysharkie, What are your thoughts on this stock finishing up the week?
Its p/cf ratio is around 6.
Its p/b ratio is 0.3.
Its P/S ratio is 0.9
Its ROE is near 15%.
Its operating margins and profit margins are damn excellent.
Other than its debt to equity ratio of 8, this is an excellent stock.
Its dividend yield at this price is near 50%. That could change real soon but it's great.
Its DCF calculation (based on FCF) says this stock is worth over $25 per share and has it has a margin of safety over 80%.
I have been dollar-cost averaging this stock around $2.70 a share and will continue for the long haul.
This is all I'm buying at the moment.