You need to read things in context, I was responding to Elzephyrus (below)
who was suggesting BUD had only had a modest fall. I pointed out it had fallen 60% and threw in GSW as another casualty. I was not comparing GSW to BIG but since you raise the issue, I do happen to think there are similarities. For example, overly exuberant announcements, getting into bed with American 'hail fellow well-mets', pumping out dubious numbers, setting launch dates that were not met, failing to disclose material information..... do I need to go on?
elzephyrus said: ↑
I hope BIG take a leaf out of BUD's book.. They just released a comprehensive rebuttal (32 pages worth) & the price has only dropped a relatively small amount (probably only dropped because of all the negativity on these HC boards). Note: Ronnie was downramping the hell out of BUD too.
Yeah, its only dropped 60% since the recent high ought to be able to absorb that easily enough. GSW below $1 today, nothing to worry about, just a blip.