Why Buy ALVR you say? Those are good reasons to stay away....or to short. D day is coming quickly
Layoffs, a lawsuit, maybe a huge Nortel writeoff,an Israeli company during wartime,downgrades,cutting salaries,breaking down to new lows, Why buy?
One of the first moves a struggling company makes is layoffs. Look for a Secondary next.Then, well, maybe finding a partner
The conference call will be telling. Secondary?more layoffs? lower guidance?
A five million share secondary may not be enough because burning through cash fast
If this puppy drops below 2, a Secondary would not be worth it.Maybe find another partner like the p.o.s. Nortel.
Not only layoffs, but cutting salary. Sounds like running out of money. 2ndry may be coming
If they do a 5 million secondary, I don't think that recent 2.50 low will hold