- In 4 Months Digirad underperformed 23%, downside risk decreased with the share price.
- Net cash position of $1.5 / share provides a cushion, which is now closer.
- March 14 Acquisition fits into strategy, Ebitda target seems ambitious.
- Revenue of core business ticked up, further cost savings achieved.
- After positive developments at the company level and a sizeable decline in share price, there are now better shorts out there.