BUD 0.00% 4.3¢ buddy technologies ltd

LIFX Acquisition - A few thoughts, page-71

  1. 6,436 Posts.
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    @drbgt40

    no one put them there but themselves.  cant ever forget the sp chart reflects those forecasts. some people will have bought at 20c+ because of the forecast, thinking they were made competently. ie that significant rigour went into making them - which wasnt the case.

    and stock is in a binary moment too - you;ve go dilution, continued large neg cash burn, falling bank balance and still relatively overvalued

    thats how GE fell $60-$7 in a sense.  which is why it generates polarised discussion

    im guardedly optimistic on underlying business progress and 3+ year addressable market.   im pessimistic on overvalued stock and regard forward guidance as gossamer

    knives can fall forever in the market because dilution resets price




 
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