- last note in 11/18/24 spells out logic on valuation - not much has changed, but the px went up substantially - i get the sense ppl trade BLDE like their other profitless low bid low liquidity trash - so on a day like today where it gets hammered, it feels more tape-related than fundamental, and i'm usually a buyer - this is a name i've been incubating, but i'm not stepping it up in the PnL, looking to add more - the TMDX association keeps me still less optimistic bc that's a dumpster fire and needs resolution and esp given it's a relevant link to the co's reputation etc. etc. - so let's see - but i like putting some of the heavy cash balance to work today
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