“This teetering tower of negative issues is a perfect reason for a mass shareholder exodus.”

“This stock remains significantly overpriced, with a book value (price/net worth) under $2, a price to sales ratio of over 25x, a large negative profit margin, and a negative price/earnings ratio. All the new shares will make the negative fundamental picture even worse.”

  • disguy_ovahea@lemmy.world
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    3 months ago

    Highly diluting “bonus” 40M share issuance if the stock can remain above $17.50 for 20 of 30 days. (Counting the March 26 merger day, the number on April 12 would be 18.)

    Big dip coming tomorrow at opening bell?