RE:RE:RE:Hard to understand SP downward rangeRespectfully, my thoughts on typical are that I see it happen at least several times a year, so it certainly is of no suprise to me, especially when were are talking about companies under $250mil. I am currently actively holding and buying 5 companies right now, Gatekeeper being one of them, and with exceptio to just one(the largest market cap company), this has happened to each of them several times in the past year.
It is part of what happenes in this space, and it has been my experience..... But it pays well to endure it, haha, as long as you are correct about the long term propects of the company.
Cheers!
ol_griz wrote: I'd say that's pretty wildly exaggerated prognostication. Not impossible IN THE TIC TOC TRADING ENVIRONMENT we have currently but that's not typical of the trading behaviour we see here. Down 35%, anyone should be happy to get in at this price.
Aarman4 wrote: NOBODY can predict short term price swings... this is a microcap! That means +200% some weeks, and -70% others! Tomorrow and yesterday don't matter, it is about years into the future. I am buying back in around between 0.60 and 0.75 because that is, ON PAPER, what looks good to the value investors out there and gives me enough margin or safety with what I know about the companies future prospects.
Why is this surprising to anybody??????