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Wednesday, October 21, 2020 11:29:10 AM
I would say the devil is in the details, but the bear case has been discussed repeatedly. I will grant you that.
My question to bulls is, why should anyone buy before the RS? Valuation hasn't mattered because of the tsunami of share issuance. There's been repeated bullish PRs and statements from management and they haven't mattered (other than fleeting upward moves that get sold off presumably by WL and other trapped longs).
Verus won't release firm numbers until February (assuming Cutchens can get his act together and the audit goes off without a hitch). Long time to wait, particularly for myopic OTC traders.
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