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Bullboard - Stock Discussion Forum Absolute Software Corp T.ABST

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 > What's Going Wrong With Absolute Software?
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Post by NLMoose on Nov 07, 2022 12:26pm

What's Going Wrong With Absolute Software?

Recently, Absolute Software has been doing very well in the markets and financials.

However, it seems that the company is being punished for no legitimate reason as it endured two consecutive days of share prices down at least 5% per day.

Since this company has turned around recently, they should be rewarded for their great performance, not punished for it with 90 cents a share one day, and 80 something cents per share next day declines.

I wish someone could provide information about where they are going wrong.

Comment by Possibleidiot01 on Dec 03, 2022 8:15pm
Stocks vary in price - sometimes buyers get excited and pay more and some days nobody cares and the price falls. ABST is in many ways , not a Canadian company so the price volatility is more extreme IMO No worries.