They are not making money, they declared that they are not going to make money next quarter. It's just a mms manipulations to fool a max investor they can. it was in the 19th yesterday! The CEO have been fired and here we are!
At the current price, this stock is over overvalue. Nothing justify the 3.2 Billion $ market cap.
Just last week we had news that, this company is under SEC fraud investigation. Today it's like it's the best managed on wall street. People are well manipulated. Good for MMs.
You forgot to mention that three months ago it was at 3$ and nothing change yet. Just loosing money.
This is just hyping and speculation. IMO, at this time, it worth less than 3$.
Good luck anyways!
It was less than 2$ last year. Nothing positive changed yet! Huge debt, (about 2.5 Billion $).
I dont see where to justify the 8$ stock value!
Take a look at a numbers below.
Growth Est WFR Industry Sector S&P 500
Current Qtr. -192.90% -11.80% N/A 12.40%
Next Qtr. -73.30% 16.60% 1,179.60% 16.20%
This Year -5.90% 15.60% 16.40% 9.10%
Sentiment: Strong Sell