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BEST Inc. (BEST)
NYSE - Nasdaq Real Time Price. Currency in USD
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As of 1:58PM EDT. Market open.
1,588 reactions on $BEST conversation
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$BEST If they make an offering of 25% to $1.5 and adding the direct cash they have (145 from offering +200 current cash), they would have money for a whole year. I think the offering is just around the corner, since they have only immediate money (without recurring to asset sales) for 3-6 months of existence. Therefore, my opinion is that an offering will occur, obviously below the market price, and they must do it as soon as possible or they risk that the price of the offering is so low that I did not compensate, except for a brutal dilution. They will also get financing in other ways, perhaps by refinancing loans and private contributions. Alibaba has 30% of the company, and knows well that in the beginning these giants are factories that burn money, therefore the support of BABA is assured, and more so being a company with enormous profitability. Share market is 12.5%, this company will not go BK in any case. BEST is a ten bagger, I have no doubt, my only doubt is knowing at what price to buy. The small cap market is bullish now, after months of crash, and may subtract BEST's potential downside, making it very difficult to predict next price action. But the offering, let no one doubt it, no one, is yet to come.
I'm hold 10,000 shares since $10 OUCH!! Is this Company ever going to get into the black and go profitable??? I had a lot of faith in Johnny since day one, understand that the growth is expensive, but when do we go FY with a profit to show????
If BEST is a US Company, Price would be $50 dollars. Geesess, no cheesesss
Why can't I just let go of BEST?
this stock has been "locked up" tight since it's inception. It's absurdly cheap...and the ones controlling it know it. I think these controlling entities are priming it for an upward move. However, they want all retail out...until the run starts. I have never seen such a blatant exercise in manipulation. In my humble view.
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Why BEST Rallying today, any news?
Lot of buying up at the end, people understand how undervalued this company is
This will go to 1.00 first before taking off, but it will take off 5$ by year end
Johnny Chou,why don't you resign as CEO,thus giving shareholders a chance to regain their money?
Last chance loading, will fly very soon.
Earnings report is out...
You guys think its gonna tank? EPS expected was -0.14 and is -0.24, but every number is more than four times better than Q1 2020
finally we will see Financials. I hope this stock hits the Moon 🌙
Logistics, what could go wrong with Logistics? time to fly BEST.
It will be nice to watch this company improve
Why did she return to her base safely?
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BEST is up 9.52% to 1.38
I think Cinemark (CNK) is going to be the new meme stock
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