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Alias Born | 04/05/2021 |
Monday, May 24, 2021 7:04:39 PM
It was when you posted this. I had bailed a week too soon. But now it's back down to when I got out.
Debating weather to get back in. CFRA issued a "Strong Sell" when they were at $14. Maybe that's what drove it down???
My methodology would have me buy back at below $8.
Maybe a good idea to wait a day or two...
Other Notes:
Price/Book Ratio is insane low. Which is good.
Their financials look odd though. I can't see how they funded last year's loss. Buried in "Other" items on Cash Flows. The only thing I can see it flushing through on the Balance Sheet is this strange "Other Equity" line. Don't know what that is. It gives me pause. Are they diluting shareholder value somehow?
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