RE:RE:Panic selling, vultures are circling
I am saying that also but based on the analysts take the stock is now undervalued which to me represents it is oversold at this time. Why oversold? Exactly what you say: dilution of stock with these new warrants.
Probably a good play to drive down the stock and buy back in but I would rather ride it out and ensure my position is where it is now without overthinking about anticipating the bottom and maybe losing out in the long run buying back in.
But thanks for your take on why the stock is sooooooo low now.
Every quarter WELL shows profit and with them now, or shortly, sitting on $30 million to deploy for growth and acquisitions with little incentive to dilute the stock in the future that alone should be support for the company for the future.