RE:Get ready for one heck of a rallyeDrInvestor wrote: Does anyone seriously believe that BBD is worth only $2.14 a share?
No, it’s priced at bankruptcy prices again. Unfortunately though, it’s been such a dogs breakfast for such a long time now with surprise after downward surprise that new money simply isn’t interested in risking it.
Without some solid gains on the books (not just new orders, BBD has plenty of back order business) there won’t be any rally.
I also buy the naked shorting theory but for 8 months now we’ve been listening to “big boys....cheap shares....manipulation” that it’s starting to sound more like a child’s safety blanket than a true market statement.