Post by
sthinei on May 04, 2021 1:10pm
I am holding on
Why because at these prices not a lot of downside. If it drops to .40 then that would be 50% of where they recently issued shares. Market cap would be like $120 million at that stage and I don't see good reason why revs won't be at least $60 million in 2021 fy. I don't anticipate a further drop in wholesale pricing in q4. Ebitda should be better in every qtr this year. In addition to that any decline in pricing will be met with renewed potential buyout interest. Any price drop in stock should not last long but I want and expect management to do a better job.
Comment by
ImpIications on May 04, 2021 10:41pm
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