Mkt has been severe on OCA. ARV still holding at $2.13. A .69c difference between the two stocks. Only . 20c used to seperate them not that long ago. OCA cheap. Been waiting for the OCA surge to $2 but the reverse is happening.
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Mkt has been severe on OCA. ARV still holding at $2.13. A .69c difference between the two stocks. Only . 20c used to seperate them not that long ago. OCA cheap. Been waiting for the OCA surge to $2 but the reverse is happening.
9 months into 2021 and its not doing too well as an inflation hedge. Inflation at decade high of 3.3% per annum and OCA closed today at $1.44, 1 cent lower than it started the year at $1.45. Thankfully a small dividend was paid so in dividend adjusted terms it might just about be keeping pace with inflation. Rating C- and comment from the Dog. Must try harder.
I guess we get to see the report card next month. After wading through endless self congratulatory rhetoric about how they managed to keep Covid out of their facilities and all residents and staff were well looked after...one wonders what the numbers will look like. Maybe 2021 is not to be OCA's year ?...time will tell.
Im accumulating. Anything in the 1.4's is a steal long term.
This is one of my favourites in my portfolio but its actually behind every other stock that i hold. Ive got a TD coming up next month and if this is still in the 1.40's or even 1.30's im going to get a bigger position.
Accumulating, been a while! Love this company
only go over weight if you have information that is factual and supports your convictions.
Chart looks a buy with support levels at 1.30-35.
Sometimes the glorious share market in all its wisdom offers up a gift. Happened not so long ago on EBO dropping to $30 before pushing to $35 real quick. It was discussed as a gift then. Easy 15% gain for those that bought.
I believe OCA is a gift now and easy 15% short term gain on the table.