Thanks for the answer: The company I believe has some cash and a decent balance sheet. What do you think will happen? Will they let the deteriorating business destroy that cash(maybe they'll have no choice) ............you think they'll be in business in 10 years??
OK everybody yak back and forth.......but someone explain the last week's action. It moved up 50% at one point from 6.98 to 10.55>>>>if 40% of the float is short...........why didn't that ignite a volatile squeeze...........trying to learn something here.
Were most of those traders short...
economic downturn isn't going to hurt their earnings..........they'll blow-out anyway.......especially with the stimulus checks. What might happen is that they don't go up much with their fabulous earnings because of the tough market
I'm looking myself.........but I used to work in the medical field and things that get approved for government payments get dealt out frequently by medical doctors (helps make the hopeless patient feel better) . They are saying there are 23 MILLION diabetic foot ulcer patients in the country
are the fundamentals in trouble..........or just that it used to be a 75 dollar stock and now its 10 that makes it so bad............or that its a "FAD" ?