RE:RE:Tgif v CVSIYea sentiment shifted from growing and expanding ( hence dilution ) which was seen as positive last year. This year many feel the dilution to raise necc funds is now viewed as not a good thing as focus has been on mc.
222m ish os shares is still small. A .37 sp is more reflected on current environment in US and retail investors. I'd worry more if TGIF had 3x as many os.
Nothing wrong with TGIF. Executing well. Increased revs with same square footage. And only one year new. Incredible the stuff I read here sometimes. Oh and top ten rev for US companies.
In short regardless of what charts tell me today I know what TGIF can realize ( and will ) tomorrow and the near to mid future. As long as they keep improving, which they have, no reason not to buy at these levels.
These levels don't reflect the company these levels reflect market sentiment. Learn to play both. Win win either way if you're long.