RE:RE:RE:RE:RE:Hype and KneeJerk Reactions Daily Are Just DiddlingNarrishkeit wrote:
First of all it was $19 and that was October 2016 in which there was still an overhang of old management.
Secondly the report on Skybet was quite thorough and while Dimitry Khmelnitsky isn't hot on the stock he continues to cover it with 10X more diligence than you ever have. He covered the sky acquisition positively in his previous report.
He overpenalizes non IFRS 'adjusted EBITDA' but that is no reason to toss the baby out with the bath water.
4) agree that we don’t know for sure, so let’s park this one and hope for the best .
I really don't know what the stock will do if the judge announces a 54 million judgement against TSGI, will that really lead to a positive spike?[/quote]
It wasn’t $19, it was $16.70. He revised it lower.
Just because the stock tripled since then, doesn’t mean they are wrong. They failed against Baleant and it subsequently went up 600%, before then crashing 95%. Same with Michael Burry and his housing short. Sometimes you’re just early.
Where is the report by Dimitry, do you have a link? It should be sent to TSGi for their response.