RHE 200% rise ahead. If you look at the penny stock markets you can easily find several stocks that are poised for a significant rise. One of them is Regional Health Properties Inc (RHE). It can be seen to be slowly completing the construction of its second accumulation range and starting to rise further. To determine this rise, we apply the rule that the target price can be twice the accumulation range. In this case, we can expect a rise of almost 200% from the current level Target price : 12.55usd Here I would like to note that the fair value of RHE shares is 76 usd. Currently the shares are trading deep below their fair value.
Thanks a lot for the analysis. Current price is about 4.5. If you say fair value is 76 then this stock is 90% below its fair value. Will it be a good long term hold? Atleast till usd 40 or 50?
On this page, if you look at the 1-year target price, it says 78 usd. A lot of other analysts are expecting it at that level. In my previous RHE analysis I described the technical explanation of the 78 usd level. Holding your position to the 40-50 usd level is a good idea in my opinion.