Is bankruptcy a forgone conclusion? Based on the current rate of decline and with the stock below $2 now, it looks like the stock will be worthless by year end. Does anyone sees a scenario where BBD can avert bankruptcy? or has this become unavoidable?
Yes, likely to come back down, perhaps to $50-60, but will go to new highs from there over time, so be patient.
Too many shorts and too many disbelievers for AMBA to go down now. I agree at some point it will go up too far too fast and a pullback will occur, but I don't see it happening until we reach $300-500. Still very early for this stock.
people who bought below $25 have already locked in some profit, but this is very very early in the cycle for this stock, before U see a plateau this stock will run to $500-800. Everyone being so pessimistic and the insane level of shorts are a very good contrarian indicators.
Congrat, so far U are $15K this morning....and the market of this company will go from $3.7B to well over $50B, so do the math....
Short ratio is at levels never seen before, majority of people don't believe this move is real. which tells us it will go much much higher. Don't expect any significant pullback until we reach the $250-300 range.
Everybody is short this stock, short ratio is just insane. This stock is going much higher, yet more uneducated people keep adding shorts. Will sell half my position when we pass $200 to lock in profit and leave the rest running and see how high it can really go before all these short start unwinding.