Revisiting Round1 (4680): Quick Update
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Disclaimer: I am long shares of Round1 (4680) at the time of publishing this post.
The setup for Round1 is looking promising again, so I wanted to quickly touch upon it even though I’m on a break.
Round1 (4680) is one of those “here for a fun time and not for a long time” kind of stocks.
If you are a new reader of mine, here are posts I’ve made on Round1:
Round1 (4680) In-Depth Analysis
The shareholders are manic depressives who get either very excited about the long-term potential or very pessimistic.
I have owned this stock 4/5 times and profited immensely each time.
Round1, imo, is not a buy-and-hold stock, unless you get in at very cheap prices. The way to play it, imo, is to take advantage of its price volatility.
I recently bought the bottom in April and made close to a 90-100% return when it rallied to roughly 1500-1600 lvls.
I believe the fair value for Round1 is….
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