I mentioned a while ago and got slammed for it, but seeing people continue to call it a buy I'll say it again.
Look closer than just the figures that the company is putting out. The current economics and established competition is dangerous for DW8, it is not a buy at the moment, it hasn't been for months. DW8 is in a struggle for its financial life.
The SP has been going down since April 2021
I purchased a long time ago because I liked their model, there was great potential. Things have changed, the economic times have changed for the worse.
I'm going to continue to hold, but it is a gamble. I still see potential in the company, and I hope that management can get us through these tough times, and the tough times end soon, but no-way should DW8 be called a "buy" at this time. It is a hold at best.
Would Berkshire Hathaway buy?
DW8 is a stock that you buy with your own money, hope that it booms, but if it doesn't the loss of that money won't hurt.
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