There is absolutely no way that the share price will stay down around the financing level. Period.
I am definitely not defending management because they made a lot of mistakes which caused the price to fall for the last six months. I myself am down on paper well into the six figures.
Having said that, there is positive information in the letter to shareholders today. It seems like people keep focussing on the negative.
I was a buyer again today even though I don't need any more shares. I can't help myself at these levels. Do you think the investor or investors that just put in $1.6 million expect it to stay here?
I think it's time that some of us take a break from the board. Enjoy the holidays and look forward to a great 2024.
All the best. It will get better from here.