Market Manipulation and Dumping?Can someone please explain to me (like I'm 5 years old) how this stock went from 90 cents in mid-September up to about $1.40 in a week or so and then started to plummet ahead of earnings?
Is this not really odd - like who was pumping this stock to get people buying in and then dumping it? Seems really fishy it would jump 40% in a week and then they take a massive write down of like $50 million dollars?
Now that this 30-minute delivery shennanigans are out of the way, I still believe they can make money. Some of the meals are like noodles, shreded cheese, five potatoes and a few hamburge buns for like $50 - so there has got to be some profit margin there.