May. 8 at 3:21 PM
$BTBD — listen up, people! This was a sleepy little restaurant microcap until the Aero Velocity drone merger lit the fuse last September. UAVs! AI! Defense! The market went BANANAS!
Now? Merger's DEAD. Kaput. And what does Wall Street do when these dreams die? It RIPS that speculative premium right out! BOOM —
$1.12 current price. But here's the thing — BTBD is NOT a zero! Real restaurants, real revenue, EBITDA improving. This is not some failed biotech. The business is REAL.
HOWEVER — and it's a BIG however — the restaurants alone do NOT justify those merger-fueled prices. The market's hunting for a new floor near pre-merger levels. That's why we're drifting back to the low ones.
Can it bounce? You betcha! Low-float microcap — these things move on a whisper!
$1.50? Totally doable.
$2? Need a catalyst. Old merger highs? Forget about it without a NEW story.
Drone dream's OVER. Now we figure out what the burger business is really worth!