The difference here is the shorts have been much better at forcasting the outcome of COIN. When you refer to COIN as a $5 stock this is just wishful thinking and nothing more. Nobody knows what revenues and earnings are going to be going forward. One can only deduce that they will be poor considering the dilution Ed will ask you to sign off on for the convertible bond issue to go into effect and COIN survive. I'd participate in the name calling, but you've embarassed yourself enough over the last 9 months!
Because they manipulate perception on this message board with 1/2 truths.
Where is your substance? I am at least responding to the current reality but Duno is right: This is a $5 stock being held in check by, what I presume to be "strong sentiment with bondholders" who choose to either own the company or rape it.
This I find unethical.
If you're going to step up to the plate and render an opinion here, at least use facts and intelligent insight. Otherwise, don't cowl under the "short and distort" banner.
Using your brain is therefore not an option, but a requirement.
I can appreciate your "strong buy" sentiment on what this stock "should be", but until such a time that 500,000 share days are a habit and not a one day wonder, I will maintain a hold. Why? Because only volume will bring us to the value of the stock. Low volume is the playground of groans, Ryder, Davey and the RRs.
What would bring volume up?
But then we'd need leadership.
Here's a pregnant question for you:
Let's say they pull off the 250tpd. What will COIN need in PRs beyond that point to fetch positive analyst ratings?
My answer: Guidance.
Why haven't we received guidance? My guess is they got so far into the hole that defensiveness, obscurity and ass-covering became the new company vision. Let's hope it's not been translated into the mission.
Name one CEO/COB/God that's ass-covered and made it. Just one.
I hope you're reading this Mr. Gildea. We need answers and most of all GUIDANCE. After all, WE OWN YOUR COMPANY AND YOU WORK FOR US, PERIOD.
When you say,
"Home Depot is loading up on it! fwiw "
Could you elaborate on that? For example:
1. Did COIN make FULL shipments?
2. Did they satisfy the ORIGINAL order?
3. Have any of their presold commitments bailed b/c of schedule delays and cost overruns?
No time for cheerleading. We have real money invested here.