Post by
BBLacksEmotion on Sep 11, 2024 10:25pm
Seems to me the investors with positive outlooks are in the
minority on this board.
The positive outlook it would seem stem from the action taken by the current CEO to arrest spending, spending that jaune chien desperately drove up in an attempt to grab bonus monies. chon jehn spent the company into an almost bankrupt value once he realized at the end of his failed second term he would not receive any, rather he attempted to spend his way into forcing the BoD to break his contract and payout the $69M outstanding written into the poorly designed document.
So, with profitability on the near horizon and improving revenue growth is promising over the next important quarters, something gone when didn't produce, shareholder value should rebound dramatically in a very short time frame that will once again reflect value to peers.
Is $50B in the cards, certainly a double and triple off these artifically made Lows is not unrealistic... $78B could be the number a suitor or syndicate of auto producers decides to spend to gain control of the monopoly QNX has built!