Q: Hovering around high $140s and into $150s, what would be a good entry for Terravest? thank you
5i Research Answer:
Momentum is very solid, and investors love the company's recent acquisition. It has risen nearly $40/share in two weeks. There likely will be a bit of consolidation here. We think $140 would be interesting, but would still be OK buying a 1/3rd position currently to get an estabished position, and to fill with any weakness.