Subject: Re: Let's innoVATE
A fundie website I trust says this of VATE.
- Earnings have declined by 29.1% per year over the past 5 years.
- Has less than 1 year of cash runway.
- Highly volatile share price over the past 3 months.
- Negative shareholder equity.
Those sorts of "red flags" spell 'PASS' for me, especially when a price chart suggests that VATE has done nothing but track the broad market since Fall of '21.