Despite a recent revenue drop, the market anticipates a reversal, justifying the high P/S ratio. Shareholders hold onto the stock, expecting future prosperity. The high P/S ratio is backed by strong future revenue expectations.
Current Positions: $Airspan Networks(MIMO.US)$$0.16 average...yeah, I bought the top....had it on watchlist and was waiting for confirmation before entering. A little FOMO, but it is still due for a run. $View Inc(VIEW.US)$0.155 average. This one is taking its sweet time, but has potential. $Koss Corp(KOSS.US)$had a double bottom of 2.50, but broke support the next day. This is one of my favorite swing trades that takes a couple weeks/months, but is consistent. Sold off s...
The executive team restructuring at Beyond Inc. is part of the company's strategic objectives to drive shareholder value, as stated by Marcus Lemonis, executive chairman of Beyond Inc.
Beyond, Inc.'s executive team restructuring is viewed as a strategic move to boost shareholder value and revitalize the Overstock brand. The new appointments are anticipated to significantly impact the company's business.