Monday, June 09, 2025 3:39:16 PM
no - not seriously. I said .20 as a joke that went over your head that day you pissed me off.
Overall the $1 - $4 range is what I"m sticking with although it definitely could go below $1 again for a period prior to any kind of announcements..
I may have said several months back that it could drop to .50 on heavy selling if it leaves the Russell - but I don't recall predicting that it would with any confidence.
While it did hit .7901, the ASM gave enough confidence - along with the strong Nasdaq rebound - to put this back over $1.
For now people expect enough this summer to hang on - but if it is crickets by summer end we probably won't stay over $1, and there IS a reasonable chance that selling out of the passive indexes will hurt the stock more than some here think.
..
Overall the $1 - $4 range is what I"m sticking with although it definitely could go below $1 again for a period prior to any kind of announcements..
I may have said several months back that it could drop to .50 on heavy selling if it leaves the Russell - but I don't recall predicting that it would with any confidence.
While it did hit .7901, the ASM gave enough confidence - along with the strong Nasdaq rebound - to put this back over $1.
For now people expect enough this summer to hang on - but if it is crickets by summer end we probably won't stay over $1, and there IS a reasonable chance that selling out of the passive indexes will hurt the stock more than some here think.
..
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