$Better Home & Finance (BETR.US)$ This plummeted from Highs ...
$Better Home & Finance(BETR.US$ This plummeted from Highs around 60 to under a Dollar. Main reason for this, The Fed and Rates…The Expert Market Gurus knew about Interest and Jay Powell speaking in Jackson Hole; ergo, priced a Share with that knowledge baked in. Hard to believe that they missed the mark by that wide of a spread. Wealthy Investors do not like Assets free falling, and there usually is a Bounce for them to recover Some, Most or All of their initial investment. In some cases, turning a profit. Is this a Rule, No, but it does happen frequently.
If someone offered me a $600 Patek Phelippe for $10..I’m In! Even if it is a Fake..its only $10!! Same Ratio here. At this price I am comfortable holding my Shares and am patiently waiting.
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