Post by
Apostata on May 31, 2024 2:30pm
Thoughts?
Previously I would've jumped on an under-$8 share price for CVO...and yet I get the feeling--press releases notwithstanding--that they don't really have anythiing more to deliver and are looking more and more as a lame duck acquisition target than a growth stock. Any compelling perspectives to the opposite?
Comment by
6238pt on May 31, 2024 4:51pm
Will see how bad it would be the results for the qtr and the outlook. But it is doubtful there would be any potential buyers in this economic environment since the players in this field are not quite profitable indeed. Business volume does exist but margin is still tight.