Mar. 20 at 2:46 AM
$OBAI
Bull case: Real customers. Top 3 US telecom, a trillion dollar company, a
$300B pharma giant. New deals announced almost every week since they went public. Customer retention is 100%. Annual report drops any day and could show strong sales growth.
Bear case: Only
$925K cash left and they're losing
$2.6M every 3 months. They already had to cut the price on stock warrants just to pull in cash faster. There are 34 million shares waiting to flood the market on a stock with only 13.9 million shares out right now.
The play: A strong annual report could send this thing flying from here. A weak one and it keeps falling. Today just set a new all-time low at
$1.51. There is no floor. It's in price discovery.
Management needs cash now. They can't wait for a big pump before selling more shares. That's the key difference from other setups right now.
Watch the SEC filing page for the annual report. That's the only real catalyst here.
DYOR. Not financial advice.
