RE:Drop??
few things in play here, LABS earnings are below expectations by many shareholders, but really doesn't matter because it ALWAYS gets sold off after they report. Next, this is a sector that is all about shorting and flipping for quick profits. I believe long term they are executing and will pay off if you hold, I have to read thru financials today. Lastly, you ever wonder who is selling at these levels which is ~72% down PPT, it's the warrant holders who have a cost basis of $0.84, Got little under 1 year to convert their warrants. But everything has to wash out eventually, new business with ups and downs
Hurricanekevin wrote: Everyone seems optimistic and results didnt seem to look bad ar a quick glance - why the drop in SP today if soneone has sn intelligent response with regards to results would appreciatevir