Another way of looking at this:
When the sp dipped to below $10 in the initial push down, the market cap was about $1b.
Today, the market cap is about $2.7b.
A few days ago, it was about $3.5b.
Notwithstanding the additional cash in bank, those concluding that the company has not already recovered significantly (e.g “look at other companies that have doubled or more” ) are not looking at the right figures.
Look at the right numbers first, and if you see opportunity then great and good luck.
Also note that about half of the company was recently purchased for about $700m.
Let’s not forget the facts amongst a flurry of fomo!
Gltah
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Another way of looking at this: When the sp dipped to below $10...
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Last
$21.67 |
Change
0.430(2.02%) |
Mkt cap ! $4.807B |
Open | High | Low | Value | Volume |
$21.40 | $21.80 | $21.15 | $11.88M | 549.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 6890 | $21.66 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$21.67 | 66 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 6890 | 21.660 |
3 | 7248 | 21.640 |
1 | 1944 | 21.630 |
2 | 11688 | 21.620 |
2 | 4251 | 21.610 |
Price($) | Vol. | No. |
---|---|---|
21.800 | 86 | 1 |
21.820 | 3360 | 2 |
21.830 | 1000 | 1 |
21.840 | 300 | 1 |
21.850 | 8260 | 2 |
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