$EDSA The fact we are at this level without significant buying pressure is both disappointing and baffling. Disappointing in that retail investors don’t see the moon shot in this play but will buy EV stocks that have no chance of ever justifying current valuations. Baffling in that I sincerely thought there would be MM’s going in with both hands to support this ridiculously cheap valuation. My best educated read is that Par isn’t wanting or willing to dilute any part of his lottery ticket which should make us bullish as F$&K for the future but sucks in the interim until he rolls out the goods (P2 full results/Emergency approvals) to get the retail investor back on board and force the MMs to follow.
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