fung_derf
2 weeks ago
If this was trading for pennies I'd have no doubt, but there actually seems to be earnings here. Maybe even growth? I dunno who the analysts are who are projecting a $31 share price?
I do see it reverse split last year, that's rarely a good thing.
I also see Pomeranz has already started a class action suit.
On March 6, 2025, The Bear Cave published a short report identifying purported "red flags" at Gorilla, including an aggressive pivot to AI technology, unconventional partnerships and controls over financial reporting, asserting that "[t]he exact details of Gorilla's business and partnerships are a little fuzzy."
On this news, Gorilla's stock price fell $13.50 per share, or 32.21%, over the following two trading sessions, to close at $28.41 per share on March 7, 2025.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.