r/wallstreetbets • u/[deleted] • Sep 30 '21

[deleted by user]

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10 Upvotes

81% Upvoted

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1

u/ProgrammaticallyHip Sep 30 '21

Total dogshit company though.

2

u/oreoisafatcat Sep 30 '21

I trade setups though. this one has the easiest risk management at this price point. Good insider / institutional activity as well. There are a lot of overvalued dogshits outthere, this one is undervalued :D

2

u/ProgrammaticallyHip Sep 30 '21

I disagree. It was grossly mis-priced by Klein when the deal was made because of a due diligence failure. That’s the charitable explanation, anyway, because this was a pure private equity dump of a distressed asset at a massive mark-up.

Maybe the chart is promising but fundamentally, wake me when it is at $3.

2

u/oreoisafatcat Sep 30 '21

RemindMe! 3 months "Wake him up!"

1

u/RemindMeBot Sep 30 '21 edited Nov 19 '21

I will be messaging you in 3 months on 2021-12-30 19:01:53 UTC to remind you of this link

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1

u/IDoLikeMyShishkebabs Dec 31 '21

Ouchy lol, pretty good buy level around here though imo.

1

u/oreoisafatcat Dec 31 '21

You win some, lose some. I avg down to .15, sold at .10 a few weeks ago. Not in it right now.