Those saying that this has been oversold are being narrow minded. With the board's performance over the last 6 months, there is certainly a case to be made that what we have heard is just the tip of the ice berg. What else have they not disclosed? What other surprises await?
This aside, the points tuna makes above are compelling in regards to the capital requirements of the company and how they plan to move forward.
My view is that from here, there is a lot more downside vs any potential upside.
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Those saying that this has been oversold are being narrow...
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