RE:RE:RE:Q3 next thursday, may 12Don’t sweat the negative comments guys. That is very common on these boards and this stock is a prime candidate right now.
Analysts are expecting increased revenue and positive earnings in fiscal 2023, so it’s highly likely the SP will be significantly higher next year.
When a stock has not been performing well, posters play on people’s emotions to try and convince them the stock will go lower in the hope they sell and actually cause the stock to drop further. Bigger gains then when they buy in. It’s a strategy used by many unfortunately. Ethics is questionable.
Also, don’t worry too much about the chip shortage. CEO already mentioned they had the chip supply secured and it will not affect revenue or sales, however I do expect the higher costs to continue to affect the bottom line for another while.
Current share price and trend sure sucks for those of us that have a full position already, but that is investing, that happens. The good companies recover very well from these downturns and usually make new highs.
GLTA