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C3 AI stock
Posted on 4/5/23 at 2:23 pm
Posted on 4/5/23 at 2:23 pm
I bought weeks ago at 20 and it shot up to 34 before now crashing down to 20.
Some sort of accounting issue being alleged
I’m in the dark here.
Anyone got some guidance?
Some sort of accounting issue being alleged
I’m in the dark here.
Anyone got some guidance?
1
Posted on 4/5/23 at 5:47 pm to SlidellCajun
I listened to the short seller push his case against them and it seemed pretty plausible. Basically 1/3 of their revenue is coming from Baker Hughes. And that revenue that they’re showing in their gross margins hasn’t even been billed to said company yet.
This post was edited on 4/5/23 at 5:50 pm
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