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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: ajtj99 who wrote (41228)10/28/2021 12:53:14 PM
From: Sun Tzu2 Recommendations

Recommended By
ajtj99
Lou Weed

  Read Replies (1) | Respond to of 97461
 
BFLY insiders have been buying their own shares at ~11. Anytime I can get something below what the insiders are paying for it, I am happy.

As I said on my board, there are risks associated to being a sapling. In nature, most children die. It is no different for new ambitious companies. So could BFLY go to $3? Well, that would be a great bargain since that is their cash per share, but yes anything is possible.

The question is why would it do so? If the reason is b/c something fundamental is changing with the company, then I will be dumping it. But if it is just a matter of flow of funds, then I will be taking advantage of it and loading up on the cheap.