The Missing Piece ....and Bashers! A little reading goes a long way and the most important piece is this last year. There is no doubt that ACDC in its former iteration was an absolute disaster. I'm sure there are many more that could shine a light on the history of this company with a lot more clarity than I, but the fact that they had a management cease trade order until the late stages of the summer of 2019, speaks volumes .....and it only got worse to the end 2019.
The tide turned, as it often does, with the addition of a CEO who along with formidable directors actually has some vision and the fortitude and formula to right the ship. With a name change and the addition of Bryson Goodwin as CEO a year ago the elements for leaving behind the mess were initiated. In a few short months, the company one sees today, is very different from the catastrophe of a year ago. Tha evidence for that is no more evident than in the positive sp assessment by analysts like Morningstar.
I don't understand the technology but once again in conversation with my brother today, who does, he said "this concept is exactly what I was talking to you about a month ago". His exact words today "If they can get a leg in on those at the forefront of this tech, like Tesla, and beat them to the punch, this will be revolutionary."
So for those spewing disparaging comments on this stock ....at least offer something more substantial than one sentence to back it up.
By all accounts, and given some time, ACDC should have no problem rising to the expectations of market analysts.