Buying the dip
Non-fundamental selling hit this stock hard - I purchased shares this morning
This is a situation where (in my opinion) a poorly managed secondary offering has created a buying opportunity.
Post sale, the PE/credit fund overhang should be eliminated and the public float/trading liquidity in the stock will improve substantially.
The updated Q4 and preliminary 2025 outlook (provided in an 8K filed 1/15) were both positive and suggest that the massive EPS inflection seen in Q3 2024 will continue.
I see 160% upside potential in 2025.