Post by
retiredcf on Aug 22, 2021 1:45pm
Another Response to Many More Questions
We think the stock should have risen on the news. We would now consider ECN to be undervalued. The best action for the company is to simply highlight that (a) it can access capital even after the dividend and (b) show that the two remaining divisions still have decent growth potential. This one confuses us but as long as management remains in place we would expect better things going forward.
Once again, so said 5iResearch on Friday. GLTA
Comment by
ddogold on Aug 22, 2021 4:56pm
I agree that the company is undervalued and took an initial position in the low $10’s .glta
Comment by
snootchybootchy on Aug 23, 2021 12:57pm
I bought more at $10.75 and then bought even more at $10.02. Now it's under $10! How much lower will this go? So weird. By my calcs, it is now trading at 7.2x the 2022 EPS guidance for the remaining two divisions.