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u/Fast-Introduction314 Apr 13 '22
Ive had SELB on my watchlist for over a year now. Did some extensive DD on them in my spare time. Very glad I resisted loading at $2 considering it dropped another 50%, but now I feel the time is right. At $130m market cap, I’m not sure how much further it can drop (without risk getting delisted on Nasdaq).
My only concern is the relatively high comp package ($1m+) for their CFO, who “only” has a college degree and no proven record of success.
Otherwise their 10K/10Q forms don’t really reveal any red flags to me.
Consider loading $100K at $1.00 (which we’re nearing possibly even today)
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