What’s the verdict on onds?

AI Summary

Author is bullish on ONDS despite the recent drop, citing revenue beats, contracts including with Palantir, and his own averaging down, while flagging dilution risk.

ONDS — LONG The author argues ONDS will recover despite dropping from $13 to $8, citing that the company has far exceeded revenue expectations and won decent contracts including with Palantir, and that most analysts maintain a strong buy. He added $500 to lower his average cost and expects the stock to bleed for a while before going back up. The main risk he flags is dilution.

I dumped another $500 in today to bring my average down, as far as Im concerned it’s gonna bleed for awhile but the company is going places and the stock price will go back up. But there’s the dilution factor too.

Score 21

Comments 15

Upvote % 90%

▶ Full Post Text

Ideas

u/ArtichokAttack Reddit r/stocks

ONDS oversold; revenue beats and Palantir contracts

The author argues ONDS will recover despite dropping from $13 to $8, citing that the company has far exceeded revenue expectations and won decent contracts including with Palantir, and that most analysts maintain a strong buy. He added $500 to lower his average cost and expects the stock to bleed for a while before going back up. The main risk he flags is dilution.

▶ Full Post Text

Ideas

More from Reddit — r/stocks