Yes agree with what you are saying but again one can only make an informed decision based on fundamentals of the company you wish to purchase as they exist now and yes a look at where they are heading in the future.
It's not to say HVN can't get cheaper but based on current fundamentals alone I believe it's an outstanding buy currently. I also believe HVN is here to stay long term and what we don't know will be it's propensity to change and grow with the impending "threats" to it's business model and/or ability to diversify etc. I also believe HVN is here to stay and is a well run good business but it will go through "cyclical" changes like most businesses do.
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