Hello 2017! 5 yr spring set to explode up?Stock price here is reminiscent of 2017 when stock was under 60c til October. It went up to over $2 in 2018 when the pie in the sky estimates of posters and momo traders pushed it up.
Fall 2018 company made its major mis-step, which will be paid out to long term shareholders...
And here we are in 2022, trading at similar levels.
One could argue that today's price is artificially low do to concerns like:
* war in Ukraine
* high inflation
* 3rd year in US presidential cycle
* possible recession in 6-18m give or take
- - -
End 2022 / early 2023 will hopefully reward shareholders. I've been in this thing since Oct 2017 and have made some. This will be another disappointment in a long string of disappointments, or it will finally play out like it should have so long ago...