Jan. 6 at 6:55 PM
$ANGX
Actually the stock is overvalued. Revenue alone isn’t going to move this stock.
This stock faces some serious competition and has a lot to prove still.
Moreover the stock is 78.6% owned by retail investors. Institutional investors are 7.1% ownership and VC Firms are 11.5%. Insiders account for about 2.7%.
I have a shocking fact for most of you here: the only way a majority retail stock goes up is when it is no longer a majority owned retail stock.
I think Angel has a promising future and there’s potential not because of anything management has publicly disclosed but because
$TRIN is your partner. TRIN does not pick losers.
But retail has to be utterly crushed before this is allowed to go up.
I maintain my
$2 PT.
After most of you are completely demoralized with the share price being in the toilet and most of you sell your shares to institutional investors ONLY then will this stock see double digits and actually hold it sustainably.
Hard truth for yall to hear.
