It could go down under $0.5 or even lower. EOS clearly is facing a cash flow crisis. The bad cash flow position would also hesitating or holding back on potential new orders. The bad cycle can only breaks if EOS wins a big major contract which is the land 400 phase 3. If EOS lose this opportunity, would easily see the SP steep fall in price to $0.3 -$0.5 Only by that time the management board would stop dreaming and come back to reality to talk real business. It would be a good buy when its below $0.5, just be patient, wouldn’t take long to get there.
EOS Price at posting:
89.8¢ Sentiment: Sell Disclosure: Not Held
