Post by
Trendsetter on Jun 20, 2021 11:42pm
Trading at only 6.5 times earnings....
this stock is seriuously undervalued compared to its peers.
That being said this recent crazy equity issue priced at 35% below the highs of close to $11 has longer term investors spooked and on the sidelines leaving day traders and shorts to have their way...to me this current pricing gives the impression of low confidence by management.
Second major blunder by management (fiirst being the rollback) in this department who along with long term investors are paying for it.