Although I currently have shares for this stock counter and am stuck at high prices, I have to sadly say that this stock is finished. During pandemic, not a single vaccine released and now nearing to the end of one major phase of the pandemic, yet not a single vaccine released. Not sure why this company still exists.
Who the fk wants to buy a bankrupt company.. even if it survives bankruptcy, which retail will dare to put their money inside.. who knows when it will start to go bankrupt again. This goes to show that the management is in bad shape. No matter how much money is poured into it, it will eventually go bankrupt. Just end it once and for all. Stop robbing money from retails.
Wait till the crash happens.. then say. By then, it will be a lelong market. Most would have no money. Those who hold cash now, will have the last laugh.
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Just short these 2 stocks. Elon is letting go of Tesla shares alr.. when it crashes, he will buy them back at very cheap prices. So don't be the ultimate bag holder.
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