Post by
JUJU1985 on May 11, 2021 10:16am
Bull Trap
Wonder if theyre gonna let this ride for a bit and sell again. Lot of new lows on the markets these days. Or maybe we will see support back to $5 short term.
Comment by
nbastar1986 on May 11, 2021 11:04am
On a terrible day in the markets this is holding up well. soon sellers will be exhausted. There is a margin of safety here with all the cash relative to the market value. I think Ahc needs a few quarters of $10-$15M ebitda to get this back to $5+.
Comment by
JUJU1985 on May 11, 2021 11:21am
Well I guess if that's the case, the warrants arent really gonna hold much value before the Jan 2022 expiration date.
Comment by
nbastar1986 on May 11, 2021 12:34pm
I never thought the warrants were a good investment. Way to risky - even 3 months ago
Comment by
gary7789 on May 11, 2021 1:07pm
I am right with you on that. The first thing we need is for the stock to stabilize and stop the downward trend since December. Then a couple or more quarters of stability at the numbers you spoke to will turn things around..
Comment by
nbastar1986 on May 11, 2021 2:35pm
Lol well the stock is down so much in last month or so. literally no neeed to sweat it now at these prices
Comment by
JUJU1985 on May 11, 2021 2:49pm
We gotta remember it jumped from $4 to near $6 in less than a month. Since then its been trailing downwards. It was also trading at 70 cents in the summer of 2020. There's guys holding decent gains and there is still money to be made for investors entering at this level.