Until Something ChangesThe list of midcap, smallcap and microcap companies continues to get the crapp beaten out of their SP's. It doesn't matter where you look, over the past year or so there are so many names that have been clipped by anywhere from 30 to 70%. These are good companys, generating revenue, making money.
The good news is that many analyst's say that every largecap stock is over valued and eventually money will return to the above mentioned space. Nobody has a very accurate crystal ball these days, however some are speculating as early as March. Like most, I have no clue and continue to grow more frustrated watching good companies get shite kicked in these markets.
Another problem is lack of liquidity in many of these names, current market conditions, economic uncertainty, inflation risks, rising interest rates and of course covid are all contributors to very low trading volume in so many of these names. You can't exit very easy, without further killing the SP, and buying is just as hard, so I find myself stuck. I am talking about good size positions of course.
I have never seen times like these where companys put out amazing news and in most cases the stock price goes down on very little volume. Again I am referring to revenue generating, growing the business companys in many sectors. So in my view until we see a major trend reversal, her we sit. The news wire is not wasted, it is collecting important data for now, waiting for that time when this current trend will end.
Then I believe you see massive buying in long list of these very undervalued companys, until then sit tight, try and pick away and grab a few more shares in your favorite names. I don't know what else to do, everyone has their own risk tolerance. Best of luck.