- 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.
Boxlight Is The Next Day-Trader Delight (NASDAQ:BOXL) | Seeking Alpha
September 17th, 2020 · No Comments