Apr. 27 at 3:04 AM
$BBAI i’m going to throw my two cents out here on the ER.
Ask Sage was an acquisition. Unless they cut costs significantly, the costs associated with the company came along with the revenue.
From everything I have been able to find there are zero new contracts in 2026. IMO there is absolutely no reason for a company whose stock is being driven into the ground not to announce new revenue, streams, or agreements.
They are burning cash like crazy. They are marketing and trying to sell in multiple segments that cost a lot of money.
With all of the corporate executive movement, Nic’s outburst along with stomping out the door and Rickers comment about operators, I suspect there is a lot of instability in the organization. Certainly a significant amount of risk.
IMO, they are going to issue shares for opex. They are in too many segments, burning too much cash without new revenue.
tempering my expectations.
I’m still all in and I’m still long. Just not quite as bullish.
