Quote:
Originally Posted by lamboguy
CEO just spent $50 million buying shares after this things got croaked down 55% off the top.
do you think this guy knows what he is doing?
i do!!
|
It's interesting, but my policy is I can't buy anything that doesn't make money, these guys are on the borderline in that regard. It's also a stock that looks like a COVID play. I know it's easy to say OMG it's down 50-60% but the reality is some of these tech plays are simply back where they were before the pandemic. So maybe the price today is just the correct price outside of the COVID environment.