Feb. 23 at 2:53 PM
$SDGR With just about
$4 cash per share, and negative cash flow til god knows when (FCF outflows have DOUBLED over the last four years), if Ramy even hints at the business deteriorating, this is a low single digit stock.
But is it? Is the business in an existential crisis? Or are market players just being assholes?
I'm tempted to buy back some shares here, but god damn it's fucking brutal out here. The market is treating this company like it is on the path to bankruptcy. I don't personally believe it. But i loathe Ramy. And I'm struggling to pull the trigger.
This company needs new top level leadership. But changing NOW might just feel like sending up a distress flare.
Hard to believe this turned out to be such a quagmire. I really thought this company was positioned perfectly for the future. I did not see the future cannabilizing them.
Oh, well.
