you can add that to the list of things you don’t understand
which is why markets offer an opportunity to investors who do understand where there is a mismatch and can get in against the tide of sentiment by those who superficially measure the value of things.
when a small biotech goes up 200% overnight it’s not because a management teams ability has increased by 200% over night - it’s because an audience catches up with the value of the asset and strategy.
KZA Price at posting:
50.5¢ Sentiment: Buy Disclosure: Held