Post by
EatMeAllDay on Aug 19, 2019 4:08pm
True Bottom
I'm hesitant to say this; but I think we might have reached the bottom and are now building a base. Anyone agree or disagree? Any logic to this or am I dreaming?
Comment by
albafloss on Aug 19, 2019 4:26pm
Seems like the decline is slowing but we're still within the range of the trend, albeit on the upper end of it. I thought the decline was over near the end of March lol
Comment by
wateroperator on Aug 19, 2019 11:20pm
This post has been removed in accordance with Community Policy
Comment by
Greede on Aug 20, 2019 9:16am
I remember when $0.50 seemed like an cheap, outlandish joke. It is shocking to think that nearly 4 years from their earliest days, it is right back to IPO price. Given what they are now supposed to be showing the world with Cali revenue and ideally, some contained costs, $0.50 is not an unrealistic price but still well below what most here would want to see.
Comment by
LiquidOctopusV2 on Aug 20, 2019 9:34am
All the regulars would know what I'm about to say, but the price crater we're in is a terrific undervaluation. I'm still not sure how the mid-teens became EAT's support line.
Comment by
letsgetonthis on Aug 20, 2019 12:50pm
because they fked around for far to long when cali went legal and the market was hoping for better results they took to long