Beat or were at most estimates including recent quarter. 300% revenuw increase projection next year. Seems overacting to me.
IMO, we will find out it 2-3 months that big funds and private inverstor houses will gobble up the stock waiting for a windfall. That is why Luire is willing to not sell. Luire may grabbing controlling interst of the company with the depressed prices.
If you believed the technology and potential why wouldn't you do that? Maybe even grab enough stock as cheaply as you can as long as you can, offer for the remainder, then take it private w/ a couple deep pocketed parties to work it out out of public view. Then sell it or run it privately and distribute the income to yourself. I mean if they really are only a year from breakeven that is not a long wait if you are private. If you are public it seems like an eternity w/everyone watching, counting placement numbers to the single digit and worrying about the next secondary.