Comment by
100mill on Aug 09, 2023 10:42am
I expect two things to happen before fresh coverage occurs: 1) A couple more quarters of stable/increasing revenue with decreasing costs. 2) Brokerages establshing large positions before providing positive coverage.
Comment by
cabbieJBJ on Aug 09, 2023 12:32pm
Agree on your two points 100mill and I would add visibility on the CEO. As an observation, based on today's trading, brokerages will need to increase their bids to acquire substantial inventory - a good position for current investors to be. Still, the current gaggle of covering brokerages are tired, tired, tired IMHO. Need fresh eyes to wake them up.