$7.00.? Is that what you’re hoping or actually think is feasible?
They’ve completely blown any first mover advantage, ravaged the balance sheet, continue pursuing pipe dream pharma, no shot at NASDAQ, paid a fraudster but kept his son, are no longer growing, have horrible Q4 guidance, etc. I could go on.
I said it when the shareholder letter came out re: competition. That the letter was akin to putting a ‘for sale’ sign on the company. This management team has taken the company as far as it can...no shame in bringing in a CPG specialist to take over (that’s what CW did). They do not have the fire or plan to fight the ‘competition’.
Again...$7.00+? Pipe dream imo.
I’d be happy with $4.00 at the moment and stoked for $5.00.
With Q4 guidance and what’s been going on this year does anyone (other than the 4-5 people who already passed on a 20 bagger) have any real hope this ticker will break above $5.00 anytime soon? Hell $4.00 seems unreasonable at this point. Looking more and more like $3.00 will be a challenge.
All you homers better hope CW has a similar decline in fins.
If not it is game over here.
This company is hanging on by a thread.
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