PYG vs ELMO, page-7

Lets also remember that ELO is a tightly held stock (top 9 holders have >84% of the company) so free float/liquidity is poor. Any reasonable holder trying to exit or a few robin hood investors can easily move the share price. This is both a positive and negative, key thing to remember is that decent price swings like today are unlikely to be indicative of some forbearance of bad news but simply someone rotating out of tech and into the more immediate re-open trade/value plays.

Likewise six months from now with some positive momentum building off the back of the re-opening trade and ELO will easily be $8+ again.