Waiting for the next 👞 to dropWhat a bad spot to be in for the hexo longs. option #1 death by dilution, option #2 death by lowball takeover or option #3 death by bankruptcy. none are very good options. my current view of what will happen is
option #1 - 60%
option #2 - 30%
option #3 - 10%
*might be as long as 2 quarters away before that shoe drops, so do not expect much change in the stock price i expect a trading range of $1.65 to $1.85
** unless a recession kicks in before any news then hexo will be draged down with the rest of the market, should that happen new all time lows will be tested.