Post by
besttobe on Feb 27, 2023 7:45pm
Here is why the shorts keep building. IMO
For year 2023..they see increased interest rates, continued cash burn, increased loss EPS , increase in debt and boring news cycle, because MGT is too busy with intergration of GEGH.....IMO
Estimate EPS (loss) for the year 2023 IMO
Quipt Net Income (loss) fiscal year 2022 ( 2mil )
GEGH Net Income (loss) fiscal year 2022 ( 2mil )
Est CPI increase with zero inflation? hmm 6mil
Est Int on 88mil new debt ( 6mil )
Est synergies per MGT 2mil
Est yearly net income (loss) combined ( 2mil )
Comment by
bearbullpicks on Feb 28, 2023 2:07pm
And yet investors keep buying? Hmmm very strange!!!
Comment by
bearbullpicks on Feb 28, 2023 5:48pm
Hahaha....yes, you're so smart B2b. I've been sitting in this stock for years, like many here and enjoying a 300% plus return. Keep dreaming little man. good luck with your day dreaming.