Re: ZACKS April 28 2022 Report Valuation $21
in response to
by
posted on
Apr 29, 2022 10:17AM
It is ridiculously low. The CFO has mentioned one of the many pillars having a value of $1 billion.
Regardless, for the 700th time - the tech and the stock are clearly two unrelated entities. We have almost zero volume and we're near a 52 week low.
The better the stock is doing the better the company will in turn be doing. High stock price = more leverage, more equitable financing for current shareholders, etc.
Hopefully management follow Lotus recommendations and buy stock on the open market, and hope for positive testing results and some juicy orders to follow.