I am heavy into this one and although I realise the CR is locked in for LifX, but cannot bode well if the SP is trending at a 22% discount to that 20% discount.
I have been buying the dips and thinking myself rather clever but the lows keep on coming and like many others have gone past my level of comfort.
What you are saying all makes sense and is in line with where I think we are headed, but the volume got a little traction today and there will be a bunch of retail holders dumping on open tomorrow.
No matter the level of confidence, you always have that little voice in the back of your head wondering if the market sees something you don't.
Sheesh!
BUD Price at posting:
6.6¢ Sentiment: Hold Disclosure: Held