Post by
Smokey1958 on Jan 13, 2021 8:43am
Early Bids
Please tell me these early bids at $.315 are a joke ....although it's not particularly amusing ...at all. After market close yesterday, Morningstar has upped the Fair Value sp for CBDT to $.55. Even after the mess of yesterday afternoon's swings their 1-star speculative valuation has jumped to over $10.00. While I think that's a little extreme, starting off the morning significantly lower than yesterday's close makes absolutely no sense. Let's hope for clearer heads at the bell.
Is this a market correction everywhere?
GLTA!
Comment by
jaypi2 on Jan 13, 2021 9:03am
This decrease is due to the WSR interview yesterday, the CEO only repeated what all CBDT inverstors have known for a long time, many were expecting more, so they drop by frustration i think
Comment by
inviolablspirit on Jan 13, 2021 9:21am
Didn't Steve say testing was increasing significantly each day or week and they were getting closer to being at full capacity. Some were estimating we could be around 3000/day. If this is the case, then that is significant news. That's a potential $9 million a month or $108 million a year!