Citron Lowers Near Term Target to $20: See GPRO and AMBA
The biggest story in the business world over the past week has been Volkswagen’s emissions cheating scandal. But the analysis that has gone overlooked by the media. The looming question not dissected in the press, nor answered by the automotive markets analyst community is not what Volkswagen did, but WHY they did it.
Citron shows how the Volkswagen debacle places in stark contrast the difference between the fantasy Mobileye (NASDAQ:MBLY) targets of the analysts, and the reality for shareholders whose sentiments have been manipulated by the hype.