Yes there are downrampers but there are also uprampers hoping the share price will go up so they can take their profits or recover their losses. There are negatives which shouldn't be overshadowed by blindful optimism. I learned that the hard way on the second drop. The fact is there are more issues than just a supply glut. Management uncertainty, CAs, damaged brand, discounting, stolen market share by a2m, financial uncertainty. Even at its current SP, the forward PE ratio is high (20 or 30s from what I can remember). People buying in now are buying with the unrealistic expectation that revenues will somehow explode and are betting that all risks mentioned above will be resolved with the most optimistic outcome I.e class actions fall through etc etc. The whole reason investors suffered in the first place is because of unrealistic exepectations.
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