Post by
BBLacksEmotion on Oct 23, 2024 1:48pm
Shorts Cover 1/20th Today
Shorts have taken off 600K today with 11,623,000 remaining.
The swings on zero news on an oversold, undervalued company shows the completeness of the Shorts Trade and its exhaustion.
5x ~ 8x is a true valuation as compared to peers at is lowest levels... the elastic down band can only be stretched so long for a profitable growth company.
Comment by
vstar67 on Oct 23, 2024 4:00pm
To bad this is not a growth company and it is not profitable either. Promised to be profitable but like all promises made by this management team will never come to fruition. I'd love to see them pay some dividends with the profit. Dividing a penny 580 million times could prove difficult.