Comment by
13X2413 on Dec 07, 2021 9:49am
Hard to believe this is going down to pre contract announcement levels. Not what I expected and/or hoped for. No traction whatsoever.
Comment by
Ciao on Dec 07, 2021 11:50am
Perhaps some more tax loss selling or momo players getting out. On a fundamental basis, if the market believed shares were worth .27 (at open last week) and mores on the news, then it may trade around .27 at a low point. It becomes more of an undervalued situation at .5X P/S especially if more visibitity on rev improves which is what this initial contract gave.