But they expected it to drop 5% so another banner day of beating expectations, someone give Tony another raise.
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I may be mistaken but I thought I had seen projections as a low as 3.90. This is not anything new, companies under bad leadership fail all the time. There isn’t any runway left and we can’t borrow any money anymore to extend what we have. I see it going below $1 by the end of the year, bankruptcy or bankruptcy protection buyouts of what little assets they have massive layoff after massive layoff - again this as what happens when a bad ceo kills a company.
The next level to be tested is the 4.20 as the bottom. If you want to short the stock for tomorrow you can make some money. I have a feeling that Aruelis is betting on zero and will collect on some big ADS.