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Garret's avatar

Sebastian, what is your anchoring bias that won't allow a position in e.to?

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Sebastian's avatar

I looked deeply at the company when it was trading at $0.45. It is not a great business, so entering now at 1.15+ is hard

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Garret's avatar

Makes sense if it's not a great business at .45 then 2.6x makes it much harder to enter a position confidently

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