Q: Hi Peter and Ryan,
Well continues to drift lower daily. Today it actually ended even (maybe due to the Scotia interview). I see their business mix as both benefiting from the secular tech tailwind and cyclical reopening tailwind.
Today the stock dipped below $7. This is almost 29% lower than the upsized equity offering. Couple questions:
1). How does this effect those large investors that are “holding the bag”? Could the upsizing be at risk?
2) How low can this company continue to drift? At what point if any are you saying this is insane and buy more?
Thank you.
Well continues to drift lower daily. Today it actually ended even (maybe due to the Scotia interview). I see their business mix as both benefiting from the secular tech tailwind and cyclical reopening tailwind.
Today the stock dipped below $7. This is almost 29% lower than the upsized equity offering. Couple questions:
1). How does this effect those large investors that are “holding the bag”? Could the upsizing be at risk?
2) How low can this company continue to drift? At what point if any are you saying this is insane and buy more?
Thank you.