RE:What a letdown. Nice seeing you back here ol' cactus. You are welcome for getting out in the 2.57-2.60 range.
Now the upside is 0.30 more to match Cannacord's target in 12 months. And it is a "speculative" investment as per Cannacord at these levels.
That requires doubling ITS earnings from today's $15M run rate and concluding the sale of WiLan with the Apple deal for at least $150 million net of McKool smith fees, stout fees and taxes.
And your return for holding during this risky period is 10% until the end of 2023.
Thats it. Only another 10% from here.
But now it is only a hole in one from a 250 yard par 3 (doubling ITS earnings in this inflationary environment) and shooting the game winning 3 pointer in the playoffs (the Kawhi shot)