RE:BottomTrademark11 wrote: Fair chance we hit bottom at $7.02 as per my measurements noted two weeks ago. Low volume, not panicked, systematic. Will likely retest short term high $8.50-8.60 by last week October if this holds at the bottom. From there it all depends on acquisitions. The last month has been purely technical movement that is not supported by the fundamentals. But as said, the market can stay irrational longer than investors can stay solvent.
In the last two years stock has done well in Oct - Nov. Sleepwell acquired Oct 26, 2020. They will need a similar acquisition (in the 14-16 MM (C) revenue range ) in Oct-Nov /21 to keep their growth within the 30% range when they report Q1/21 in February. Otherwise will loose earnings momentum. Management too savvy not to realize this IMO
MY MEASURMENTS, DO YOUR OWN DD, ACTIVE TRADER
Put Biden on a QIPT ventilator.