Overlay of previous drop from $10, compensated for higher book value from cash gained by dilution while accounting for the increase in shares.
They really should've diluted their stock even more, lol. Much like AMC, the stupid runup allowed the company to stay in business for a little longer. So not everything about the bubble was bad.
Here's a decent write up, I have no position in this any more.
seekingalpha.com/art...nagement-may-succeed
They really should've diluted their stock even more, lol. Much like AMC, the stupid runup allowed the company to stay in business for a little longer. So not everything about the bubble was bad.
Here's a decent write up, I have no position in this any more.
seekingalpha.com/art...nagement-may-succeed