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Re: AllinFun post# 5537

Monday, 03/22/2021 11:48:45 AM

Monday, March 22, 2021 11:48:45 AM

Post# of 26244
I don't agree with revenue as a basis of where the share price should be. If the revenue gains were not only for the past year and had not benefited from pandemic sales I would side a little more towards that but it is too flimsy to base evaluation off of to me. Look at revenues while this traded under 50 cents. The market priced the underlying business then. If you are saying that it is different because of gains, then you are basing your evaluation off pandemic sales which is fine but needs to be taken with a grain of salt.

.40 is just where I saw solid TA support over the course of many ups and downs. It was at/near that level just a couple months ago. I don't feel anything significant has transpired since then to change the value. The process has advanced only because it is the process. Not like some new win has come about to drive share price up.

The problem with assigning a value over like a dollar is that it was trading under this all last year even after seeing revenues increasing. This new run up was 100% for the speculative piece. No one is running to get invested in Netlist's business. They are running to be a part of a legal win over google.
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