Aug. 8 at 9:43 PM
$PATH The gap could be huge. But we need a realistic scenario. First, if PATH gaps, it needs to not dip days after (hold gains). This indicates trust that not only many investors enter new or added postions, but also didn't profit-take from the gap opening indicating a signal that share may boost.
Second, by EOY, with a couple of months remaining..
$1500 is such an impossible target to talk on. We want to see it past
$20 first, analysts change rating to a "buy”, great ER results in the next quarter with real growth for more proof and a real catalyst (can be ER) that trigger a short squeeze so there isn't a single bear case shorts can argue about. Once that happens, price can automatically value near 50 levels as well with all that scenario.
I would say at max, by EOY, the bull case can be up to even
$100. Trading slightly near valuation of its peers (finally reaching triple digits). So before even speaking about
$1000 valuation, we need to talk about
$20 first. Hope we see it !