Post by
88guy88 on Oct 11, 2023 9:48am
A few major RED FLAGS lately....
1. NO insiders buying in the last 6 months on the stockprice falling
2. Trading at 68.66 times sales where normal industry is 2.55 times sales
3. Price to Book Value is 1.93 times
so book value is about 0.375 cents....lets say 4 cents to round up
4. Company announced that 3 managment have left the company last Friday including CFO
If you are long good luck...not looking good going into tax loss selling time even with the shorts gone