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Re: stocks2012 post# 56773

Tuesday, 09/19/2023 5:21:02 PM

Tuesday, September 19, 2023 5:21:02 PM

Post# of 64153
Share price hit an intraday high of $29.44 although I don't think that's actually considered the high because I believe technically the high is the closing price. I believe the high closing price was somewhere around $27. The 5-year low is much lower than where we are right now. In 2019 I bought shares for $0.26. And the buddy of mine bought them at 19 cents. I'm pretty sure 19 was the low. There was also a hundred million less shares at the time. The current market cap is probably right about where it was shortly before the stock took off at the end of 2020. I'm pretty sure it was right around 400 million market cap give or take a little. There's no way the company has not gained substantial value to make the market cap at least twice what it was then. No one could possibly justify that. Assets exceed debt, revenue has increased over 50% a year combined annual growth rate. And it's expected to continue around that annual growth rate through 2030. When people play with billions of dollars they can generally move the market wherever they want And those people want down right now. But it has to be very very near the bottom If not already bottomed. $$ invested at these levels is going to make people a massive profit short and long term.
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