RE:RE:Not good, the losing streak continues When Nortel Networks reached its peak in 2000 and then missed the sales forecast, the Canadian telecom marvel's stock took a big nose dive, eventually reduced to "penny stock status" and then bankrupt.
The same thing has happened with Bombardier, Blackberry, Corel, and even many cannabis stocks (notably FSD Pharma, Biome Grow, Aprhia, Canopy, etc.).
Sokoman Minerals could now be heading for a similar path has their shares have declined at least 20% since its height last week as their stock has gone down for seven consecutive days.
One day of decreases is ok, but a week long trend of decreases while gold stocks continues to reach all time highs is not.