Hello! I've been wanting to buy a CNC block for like a year now, but it just kept going up and up and up so I waited. Now it finally seems like it might go down a bit, but how low... I know its impossible to know exactly, but any insight on how low it might go? I don't want to buy at 775 and see it go back to 675 like it was over a year ago lol...
Thoughts on CNC
Started by Patapouf [1898019] on in Stock Market.
About this thread
Posts archived: 3 / 3 posts (100%) · the total is Torn's reply count + the opening post at the last fetch
Counted by TornLife from the archived posts.
- Archived posts
- 3
- Discussion span
- →
- People posting
- 3
- Likes on archived posts
- 0
- Authority score
- 34 / 100
- Historical score
- 18 / 100
- Story score
- 32 / 100
- Engagement score
- 43 / 100
If you think that CNC will continue to grow in the future, then I believe ~775 is a rather safe price to hold now, personally, I don't think it will make a sharp descent to 675 since the stock has seen a more stable and long-term grown, unlike what had happened last year.
CNC has a pretty meh ROI, even more so at its current price. I wouldnt get it unless you are fully invested in the other passives and want to focus on only passives.