illumin Holdings Inc T.ILLM

Who are the idiots selling?

[growthnprosper]

Complete idiots selling at this price. Must be bloody shorters!

[Zach45895]

The Nasdaq itself is still dropping too. I know it sucks, but that's something to keep an eye on. Might not even be ATY related.. we were up 7% until the Nasdaq started its decline. Maybe if Powell doesn't f*ck this hearing up we rebound in the afternoon. Maybe not. It's irritating but what do ya do? 

[growthnprosper]

Yes, the Nasdaq is to blame! When is the Nasdaq going to rise...........it is not doing well for some time! Yes also Powell does not help ! This is ridiculous!

[retiredcf]

Tough to do at times but all you can do is stick to your DD and ignore the noise. Clearly the DD is looking better every day so nothwithstanding the perils of the NASDAQ, shorters, bashers, departure of momentum players, etc. , hang in there (or add more if you have spare cash). GLTA

[fdfd12]

Only thing I can think of is that the market is perhaps thinking that this kind of stocks will not last more than 2 years. Valient and Concordia went through this in 2015 and then they busted. I hope that is not the case.

[growthnprosper]

Don't think so, they don't have any comparible competition.

[Prosilence]

I ended up swing trading Acuity lately. Not my long position, that stays as is. But there is so much constant swings, I couldn't resist. I just opened a separate position with about 1/10th the amount of shares compared to my long hold position. Today for example I sold for $11.22, and bought back for $10.88 and $10.50 (all CAD). Next time it goes back towards the mid 11s, I will sell my

[Swiftstar]

In going bust, that's where and why the customer retention metrics are important. And also share of wallet. So far 100% retention and Parina +80 QTQ spend... Gives me comfort, this is not going to bust

[Torontojay]

Its impossible for a company that has cash over debt to go down in 2 years. They have enough cash to weather a lot of storms.  This is just negative market sentiment. Check out Viant (dsp) and look at how poor the stock has performed lately.   

[RusticHit]

Market calculated every damm thing before they buy the news if Illumin sales is Up 60% total sales will not be much higher than forecast some investros were predicting 100% Illumin sales growth ..so thats why she  drops  but good buy here as she will bounce abck A buck or two