I hope that the company is successful and helps people. However, right now the stock is positioned to hurt people. If someone can justify this market cap I will buy with both fists. I'll take out a 2nd and 3rd on my house. The stock was manipulated higher. Whenever the whole float trades in a day something is wrong. I assume a major correction this week. IPO was $9. I doubt it will be that high in 3 months.
The whole run up strikes me as curious. France is going to pay for 36 more - and the market cap goes up 250 mm! I love the idea of helping people who can't see-- but I can't see paying more than $10 for this. A major correction is coming this week.
I read it was 3 to 4 years. Can anyone confirm if they are that close? I doubt they can hold this above the IPO of 9 for that long.
It matters because so much of this is just pure speculation. Except for the hefty bonuses they again just doled out. Technically this needs to pull back. BTU