RE:RE:Remember that time Shorters and other obvioulsy have a lot of time to get back into this stock if they think it will go back up.
Lets say they make $3.2M for Q1 what will that do? nothing
Bottom line the ceo made an unbelievably terrible decision with this so called rollout and everyone views it as a total 180 degree plan shift hence whey we are all the way back down to where we started after the reverse split. Its like the last year of covid revenue and working on aristotle was all for not. Thats not how it is but thats how it appears.
There are 3 groups of people in this stock now
1. People that sold close to the top - lucky and the best group to be in. this group is likely buying back in now as well.
2. people that didnt sell the first day, thought that might be the worst of it then lost on the second but then decided not to sell with the hopes it will recover. These people have a massive hit to their portfolio and are pi$$ed off about it. rightfully so. Probably the worst spot to be in. you have a huge loss right now and dont know what to do. do you accept the loss and invest elsewhere to recover or do you stick it out for what will likely be another 6-9 months hoping this new plan works and hoping other companies dont blow past us and Stage is forgetten.
3. The investors groups like our one analyst brought into this company. They are kind of at the same stage as number 2 people without such a loss though likely. They still have the same decision to make though. Are they not impressed with this company now, do they take there money elsewhere. Why should they leave it with Stage. Thats the question they are asking themselves. And what do we have to keep them here? A drastic decrease by the analyst and a 2 page letter with Q&A. Thats it.