2 days ago
If this stock is a scam, you would it have such a high institutional and mutual fund following. Also, why did Eric Braddom, Flex VP of Extended Reality (XR) Product Management, get a seat on eMagin BOD.
And here's the reply:
- 2 days ago
Institutions and mutual funds are mostly passive and allocate their portfolio percentages based mostly on size of the company, sector and analyst recos, they have hundreds of stocks in their portfolios and don't analyze each individually in detail. FLEX had a buy rating from several analyst firms who just follow what mamagement tells them about great future and analysts expand their P/Rs on that great 'promise of the futre'. SKETCH-to-SCALE! NIKE! DONT FORGET ABOUT INVESTOR/ANALYST EVENTS NEXT MONTH with great FOOD and WINE!!

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