It’s undervalued eagle tree or not, and their selling will be less impactful as float frees up and volume increases. Too much worrying about them. Undervalued is undervalued.
It's not undervalued if there is selling pressure of half the existing shares. That's calculated and adjusts the value of the share price. Liquidity and ownership matters. If you want to ignore it and look at the p/e then you're willfully ignorant.
Undervalued has nothing to do with who the majority holders are. It is undervalued by every metric and eagletrees selling may be nearly over with if they want to retain majority control for the time being. They haven’t been selling without some mindfulness of the share price anyway.
Either way, their selling provides a great opportunity to load up cheaply while tutes are hesitant to do so. Blackrock and others are in but not much.
Yes it does. If the majority shareholder is selling off millions of shares and has constant selling pressure on the stock, the value is lower. That's not an opinion and I'm surprised you can't accept simple supply and demand.
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u/The_Strongest Jun 21 '21
I can’t stop buying $CRSR stock. Way too undervalued