Jess, Thanks for asking but 2da is preeminently more qualified as demonstrated by his answer about this subject as it really gets into the weeds.
Obviously the whole concept of value is complex and depends on if one is looking at it like a buyer, seller, scientist, business manager (eg cash burn), investor, trader, etc. The characteristics of this company are complex and IMHO not a slam dunk (seeing both the pros and cons) in any way yet I am very optimistic that the current leadership knows what they are doing.
Good management (whether it's a football team, company, etc) makes all the difference in the world and enhances the building of credibility and actual performance is key. And certainly the past was fraught with deception, bad decisions, empire building and all the things that created an environment of doubt. Things have changed big time IMHO.
In the recent increase in the pps, I am buoyed by the increased volume and the true longs supporting the cause and not allowing the shorts to easily play their games. Certainly it is a day by day exercise and open to ups and downs. In any case, as many have written here, it is just a matter of time before the pps gets to a intermediate level prior to BO. My advice to all is be patient and keep the faith.
With that, I really appreciate the contributions here by all and have really learned a lot. Thank you.
AI
