DarioHealth Corp (DRIO)

[blissedout]

DRIO is apparently undervalued even if there was another round of 50M dilution. That would put O/S around 125M. With that many shares it would still take a share price of .20 to get the company back to 25M market cap. That's where it was (and higher) months ago.

Today DRIO is much closer to potentially higher revenues at under 10M market cap. More dilution would hurt, but still could easily appreciate from here even with 50M additional shares. The dip in the meantime would certainly hurt, but if you don't have a full position a chance to add more shares.

Who knows what will happen, all I can see is DRIO still undervalued and that's where I like to be positioned.