Nov. 14 at 4:57 PM
$LAZR I will not bash him here for the utterly stupid statements because I sincerely feel sorry for him, and you all and I know the feeling. I did those shit investments in the past as well, and it's challenging to stay objective. I get it! Honestly, if you are down 90%+ on this, just ride it into its death...
BUT! Please don't gamble here. This stock's movement is entirely irrational because of gambling. The company is insolvent and in capital restructuring. They announced they are looking for a sale of the company or even parts (both would wipe out investors). The CEO and team were entirely resigned, admitted that there is literally no production win left, and they even lost development deals, answered no forward-looking questions besides saying "maybe defense is a market" (literally), and the investor presentation was basically void of any information. They don't even have enough money to sustain THIS year; their Q3 quarterly net loss and EPS were more than the company is worth.