That is based on assumptions that will turn out to be wrong.
"past performance" good or bad "is not a guide to or guarantee of future performance".
I did my home work. I am not assuming that past margins will stay the same as the last 10-Q, as Ponder has said publicly that 25% gross margin is coming!
.25 x 32 Mil = 8 mil in gross profit
.25 x 80 mil = 20 mil in gross profit
We all know that reorganization and debt costs will drop like a rock, so operating costs of the parent will freefall, boosting net profits from negative to positive, causing a volcano in the stock price.
Buy the fear sir!!!
I missed buying Amazon a few years back when they reported a billion dollar loss in one quarter. That was the time to buy it!!!