Nov. 25 at 7:58 AM
$AIRI so after calming down from that absolute insult of a conference call, I've decided not to liquidate my position. I purchased one last tranche of shares on Fri to help cost av down a bit. That was my final purchase & I have no intentions of adding more.
I don't think the worst case scenarios will happen. The banks aren't going to foreclose on them (what are the banks going to do with a warehouse full of proprietary hardware? You can't list that stuff on FB Marketplace). They also have important military contracts. So I do think they are going to get a deal with their lenders. Bankruptcy risk is real, where the shareholders get left with nothing. But I'm going to hope that won't be the case.
From a short term swing trade perspective, the stock is actually at tempting levels. If they resolve things, you could see this bounce back to
$3.10.
This remains a high risk stock. And frankly, even if this issue is resolved, all that does is return it to the low 3s. There is no catalyst
