Mar. 13 at 5:26 PM
$SKYX I think we're largely seeing FUD with all the Iran stuff. People retreating from small caps to more fortified companies that move down less in uncertain times. I expect a good earnings in this environment will help claim what was lost (
$2 territory), but will be muted by the macro unless there is a strong forward-facing note about NEC approval. We are still early as all of that will be submitted in April for the NEC committees to review over the next year or so.
Once the macro nonsense clears up and there is another big PO from a hotel chain, or NEC news it could run more with those storm clouds removed.