I agree and the market is unbelievably stupid in the short term. Even a billion dollar won't be enough to build the technology that FUEL has built and the it is valued at less than 350 million. All the #$%$ in the society like hedge funds come out of the woodwork whenever they smell a crisis and beat the #$%$ out the small investors.
This is actually a good thing. These ridiculous prices will put pressure on the management to sell the company. and I expect at least $15/share in a possible buyout. So, I see a lot of upside.
I agree. This is the most bizarre reaction to earnings I have ever seen in my 20 years of investing.. I have seen better reaction to earnings that missed or lowered. And not that FNSR was valued like NFLX or some other high flying stocks. Hopefully these low prices will start some takeover rumor.
You are out of your mind. I doubt AMGN has ever gone up over 11% in one day in the past 5 years. I would be more than happy if it hits 160 tomorrow.