Eargo Inc (EAR)

[Dragon Lady]

Yep,watching this one daily. I won't jump in until the Q2 financials are released and see how that shakes out. I still think it will drop below 1.00 pretty soon.

Definitely - let the fins get published and see how bad any remaining damage looks.

I also think it'll drop a bit more due to the big cash raise which will equate to some dilution and shorting etc.

Probably a Qtr after that - when they show a large revenue turn-around and "We are fully funded now to meet all cash flow needs" blah blah and start to turn a profit again.

Would not surprise me if they can the CEO and put a new pilot in the command seat - that will often be thee sign "The markets" are waiting for to know the Board is dead serious about a turn-around and put some well known "Big pro player name" in as CEO aka a "Turn around specialist with a proven track record" and off to the races it should go.

Watch list - but not until the dust settles. AND we need to see what this USA and likely world economy recession looks like and how long it's going to last- it's going to put a LOT of businesses big names and small into the hurt locker for likely the next yr at least.

I'm waiting for the real estate market crash too and might grab a property - it's going to be an epic collapse IMO, likely on-par with 2008/2009 as THE FEDS are not even close to finishing raising rates and the lay-offs are just now starting. Gonna get fugly-ugly pretty quick here looks like to me.

Freaking houses that were $500K to $600K or whatever and thus condos were $300K or so now selling for just shy of a $million on the houses and a POS condo for a $600K "box" - like yeah, they're really "worth" suddenly that much WTF ?? Money printing fake inflation at its finest - NEVER ends well !!

Not when NO ONE has had any paycheck real increases and are now facing layoffs and interest rates on the prior near free money home loans shot to 5% or more on a 30 yr mortgage in a NY nano second spells WIPE OUT as people go underwater and upside down that bought recently and the COVID "no foreclosures allowed laws" all vanish now like a fart in the wind -

LOTS of "things" need to settle down before it's buying time - the Warren Buffet types I'd but bank on it - are ALL IN CASH and will be buying hand over fist once the real blood is running knee high in the streets.

Gonna be a bargain buying spree of the last 20 years but we ain't even close to that "yet" ....