you were here back in the 20-40c valuation days last year, weren't you?
fundamentally, is this still valid?
as for the pull back, just that the patterns have been completed and some indicators are getting a bit toppy, which means that a certain type of trader will be taking their money off the table, and this would normally result in a pullback. i figured 6c because it is a nice swing point/fib level convergence.
i do not doubt that it will continue to appreciate over time. would expect this of most geo stocks eventually
HRL Price at posting:
7.2¢ Sentiment: None Disclosure: Not Held