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Boxlight Is The Next Day-Trader Delight (NASDAQ:BOXL) | Seeking Alpha

September 17th, 2020 · No Comments

  • The shares once again exploded higher on an astonishing volume of 315M shares, which is 43x its average.
  • The direct impetus seems to be some kind of deal with Samsung, but festivities seem highly premature before details of that deal are spelled out.
  • While the company could stem its history of losses with the proposed $5M cut in operating expenses considerable uncertainties remain and its share count nearly doubled.
  • While traders could take this higher still, we can’t join the party here and exited our position.

Source: Boxlight Is The Next Day-Trader Delight (NASDAQ:BOXL) | Seeking Alpha

Tags: BOXL