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Bullboard - Stock Discussion Forum Absolute Software Corp T.ABST

Technology Software - Infrastructure
Absolute Software Corporation is a Canada-based company. The Company is engaged in the development, marketing and provision of software services that support the management and security of computing devices, applications, data and networks for a variety of organizations in various global territories. Its Absolute platform is a cloud-based endpoint visibility and control solution that allows... see more

TSX:ABST - Post Discussion

Absolute Software Corp > Any news?
View:
Post by Capharnaum on Mar 18, 2022 3:55pm

Any news?

Anything to explain why the stock has suddenly fallen down?
Comment by NLMoose on Mar 19, 2022 9:59am
Number one reason is that Absolute Software is mismanaged. While Absolute Software's sales continue to increase, they are still losing money due to excessive spending and mismanagement. If Absolute Software was well managed, they would make a profit as opposed to incurring losses each quarter. I think that Absolute Software's Board of Directors, including Christy Wyatt, Daniel Ryan ...more  
Comment by Capharnaum on Mar 19, 2022 10:51am
If that was the reason though, why would the price have shot up by 20% after their latest financials? This isn't a "new item" that was discovered last Friday afternoon (-6%). I'm okay with the numbers they published when the share price is under $10, but was wondering if something else than reported numbers might be pushing down the price.
Comment by Possibleidiot01 on Mar 20, 2022 1:22pm
Looks like a big block of shares moved around closing time ; it might be connected somehow?
Absolute Software Corp