I'm beginning to think even if this was to now go to $4 - which seems now unlikely short of a miracle. It's not going to be able to maintain that price for the oncoming months as earnings are going to be a lot darker and with the report and without trying to delude myself or inject hopium into myself I think there is now greater risk of more share dilution, more so risk than what caused the last share dilution.
There are other things that have been hit by covid that are still down quite a lot and have better prospect of bouncing back. Might be time to call it and hop into those (for now) and return to web later after it falls? maybe after next share dilution? Also I can't see how they will be doing any acquiring right now - it's now a matter of survival. At least it managed to pump to $3.60 from $2.60 in a week prior to this though. Would shudder to think what would've happened if this report came about when we were still at $2.60 - so at least we got that going for us.
WEB Price at posting:
$3.68 Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)