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Real McCoy

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Real McCoy

Re: Tfuzz26 post# 164589

Friday, 05/15/2020 2:56:53 PM

Friday, May 15, 2020 2:56:53 PM

Post# of 192128
I was going to note this as well as I do not have an explanation. I would have thought the market had priced in a flat quarter expectation. And I thought such a dip and the debt would been below a reasonable “worst case” scenario. I mean it’s not clear there is even a path forward here as they would have to dilute 1/3 this market cap to get through another year like 2019. I can only think of 2 things- 1) the market was ahead of me in its pessimistic expectation for Q2, or 2) it is taking a wait and see approach to q1.
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