Sheesh. Up to 1.48
1.53.
Has there been any positive news released recently that would push it up today, or is this just the ebbs and flows of the market in general?
1.54 now. Haha.
I was wondering the same but I'm not the guy that would know what's driving the recovery or if the devaluation was too abrupt and this is just the beginning of a correction. I stopped trying to find rationality in the markets a long time ago.
That newly adjusted MC has to have them upset. They were so happy when the SPAC first listed that it said something like 55MM...
Have at it
My house just shook! Must've been the rocket boosters warming up!
I hope so. For Mr. Ruiz and for UM. I don't see any other businesses in So Fla stepping forward in the NIL arena, even in a small way. Where would our athletic programs be today without him? In a world of hurt as I see it.I think a lot of it was that it was overpriced at its IPO/merger (and yes I know it’s not technically an IPO) based on perceived risk and present day revenue.
I don’t know what its fair market value is right now, but it obviously has a floor of about a dollar more or less. The concept is good and should generate revenue, which is part of the reason why I think it’s starting to climb back up, but there’s always still risk, I just don’t think the market feels that it’s worth a $10 a share risk right now.
Might be 2, 3 or four dollars? Possibly. Also, once the revenue starts clicking and proof of concept is established, this thing has a lot of potential.