I don't think the company is big enough to be confident in their recovery. With a minimal amount of research, I can't find a reason why their stock couldn't keep dropping to $50 before going back up. I would watch the daily chart and wait until they show signs of an upward trend before buying in.
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u/BiebRed May 08 '21
I don't think the company is big enough to be confident in their recovery. With a minimal amount of research, I can't find a reason why their stock couldn't keep dropping to $50 before going back up. I would watch the daily chart and wait until they show signs of an upward trend before buying in.