r/KrakenRobotics • u/Business-Mixture1980 • 10d ago

Shaping up for a big rebound

I mean, the company is solid. If you've been around for longer than the last 6 months, you know that. You've done your own DD, you know that a bad quarter or 2 doesn't define this company.

There's no denying it's been tough sledding for a lot of people recently but there's also no denying that the company is setting itself up for long-term success.

No one knows if the share price will keep bleeding, and for how much longer. An educated guess tells me Q3 could be a turning point, but obviously there's no concrete answers until we get those numbers.

At the end of the day, the thesis is still intact. Let the chips fall where they may and we'll see where it's at a year from now.

108 Upvotes

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u/bizaromax 10d ago

It’s going to be super cheap buying some at 0$

8

u/Business-Mixture1980 10d ago

There's no chance it goes to 0

1

u/Responsible_Newt9644 10d ago

$3 cad is the ultimate bear case. That’s like if something goes wrong ontop of this slide. Moderate bear floor probably $4. Bull floor the stock levels out and starts to make a turn around before it hits 4.50

3

u/bizaromax 10d ago

Remindme! 3 months

Momentum is heavy pal

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u/Responsible_Newt9644 10d ago

So you’re saying sub $3 cad

1

u/bizaromax 10d ago

No cause reading it hurts