"When will the falling knife stop?" No one knows for sure.
"I find it unbelievable that a company with great growth and freshly raised capital has been smashed down this hard." - You'd better believe it. It'll happen over and over again for countless companies. If Berkshire Hathaway can suffer from 50% falls, anything else can fall a lot harder.
Try to focus on the business and what you think it's worth, rather than what the stock ticker saying at a particular point in time.
FDV Price at posting:
$1.12 Sentiment: Buy Disclosure: Held
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