Oct. 3 at 6:44 PM
$OTLY Fellow longs: Just bought more at these low volume, ridiculously low prices. Other than deafening silence from management and a return of some familiar short voices on the board (meaning short money is partly responsible here), there doesn't seem to be a meaningful rationale for this week-over-week 20% drop. But, until I hear otherwise, the investment thesis remains the same - turning profitable in 2025. On that basis, with less than 90 days to go in 2025, with a valuation less than
$450 million and annual revs north of
$800M, its a screaming buy. I've been a buyer today and suggest, if there's dry powder, for longs to do so too. Believe we will all be happy with that decision soon. GLTA.
