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You won
Congrats!
Or it could squeeze like hell. Cuz the float is tiny and this is turning into a good market.
This killed me . Worst trade of the year for me.
Looks like a very good earnings report. Crush revenue .
You feel the same?
Bluw flop
I wish I would have not bought this was thinking this would be arqq or irnt. Instead this is blue. ??
Indeed just curious what your thoughts were on the matter. Hope for better results tomorrow.
Why the huge drop ?
It’s trading like Nikola
Me too crap this ran fast!
It’s gonna get cookin if he actually start promoting it on his CNBC interviews!
I think we all did
I hope so this is surprising
$45 price target
This is a phenomenal deal and here’s the simple way of arriving at $45 price target.
Page 25 of today’s presentation shows peer valuations. The average growth adjusted revenue multiple is 0.25x for peers vs 0.04x for tattooed chef. Implies 525% upside.
Page 23 shows the transition overview on a pro forma basis you’re getting this business on a 2.2x sales multiple vs 13x for beyond meat. Not apples to apples obviously so let’s take very aggressive 50% discount and you still have 3x upside.
I’d be shocked if a single institution investor is willing to sell anywhere below $25. And most will model $45. As they’re target based on today’s deal details.
Thanks that would explain it
What’s going on with this ? Anyone?
Huge volume!
Someone knows something
Agreed he got me for 50k
The wheels fell off when he called this nondillutive financing. Yet hear we go with 18 million shares to cover it. Smart trader knew this bs and got out in early January. Unfortunately I am not one of them??
Wish I would have sold this at Christmas. It looked so good back then.This was my last run at the otc. These are all bad news. I'm closing my trading account today. I don't want to ever be tempted to get back in.The only good thing is I will have tax losses for when I sell some real estate .
Moving up the breakout boards!
News s1
No it's new he talks about the new loan and paying off the toxic debt
Insanity !!
Ouch this thing is getting killed
God I hope so been waiting too long
Where did all those cool pics of bud go??I liked it