Post by
Maggs on Sep 10, 2021 12:04pm
Whoa...
I can't really remember the last time I have owned a stock like this. Usually a slaughter like this has some very obvious reasoning behind it. This is one big hole they are digging. In these situations, I like to look for a bottom turning point, even temporarily. But this stock consolidates and keeps diving. Some divergences going on though but the sellers are relentless and angry.
Financing @ $1.33 seems like ages ago.
Comment by
kaykay22222 on Sep 10, 2021 12:54pm
Look at Wishpond - similar company, stellar numbers, share buyback program, accretive M&A, but still stock market carnage. I wouldn't blame Adcore Management - actually they overdelivered in 2021.
Comment by
Maggs on Sep 10, 2021 1:23pm
Serious question...Who would you blame? Do you blame the market? If it's the market why are my other stocks not getting sold everyday and some actually rising? Just asking the question and trying to understand the situation here? Is it possible that the reason my other stocks are not being sold off is because shareholders have a confidence or belief in the management of the company?