Haha the Lightbulbz person is a short seller. They were on here when it was $0.50 trading at 0.8x EBITDA and they were saying bankrupt within 12 months
Now they’ve adjusted their price target (for which I’d love to see their research which I’m sure is extremely thorough ) saying it’s going back down.
When the financials come out and they beat estimates and offer strong guidance they’ll disappear again…but next time it dips and they see the possibility for a little more momentum in short selling, they’ll be back
What makes me laugh is that if they’d spent the time to actually study and understand the company and invested a good amount at $0.50, they’d probably have made more money than a lifetime of short selling!
FND Price at posting:
$2.73 Sentiment: Buy Disclosure: Held
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