RE:After good Update I know, tl;dr.
This isn't a reply to anyone specifically, just a general comment.
Just remember folks, ASSUMING Acuity, the COMPANY isn't just finished... Assuming it doesn't die, assuming it doesn't stagnate and it's growth is a wrap, assuming it doesn't switch to 2% annual revenue gains forever, etc. Assuming this company pans out at all.
As far as we know, NOTHING negative has changed, or substantially negative has changed compared to, say, 3 months ago with the *company*. Compared to this time a year ago? They showed and proved, and exceeded expectations since tthen. What changed compared to 3 months ago is that it is a much more appealing entry share price, or adding price point. If someone doesn't want to hold because of concerns, or opportunity cost if they think it will take too long, etc, that's perfectly fine! None of us are 100% certain what the future holds, we all just do our best and we will all reach different conclusions, different projections, different roadmaps, different timelines, and we all have different goals, incomes, etc, etc. Not to mention some of us are siting on losses, some on massive gains, etc.
Anyway, sorry for blabbling. My point is, IF this company does remain on the same trajectory and totally pans out, the share price will rebound eventually. And when it does, I can almost guarentee it will be at a time when the (stock, not company) sentiment is most negative. When the most people are finally throwing in the towel, when there is frustrating or bad feelings, when there is the fear, when the pessimism turns to actually thinking negatively towards a company that was felt positively about a few months ago, despite nothing bad happening since...
That is when the stock is going to rebound. We are already starting to see it - the sentiment that is. Does the turn around happen tomorrow? In December? Who knows. But you can bet the sentiment will accelerate in negativity the more the share price drops at this point, and at this depth relative to ATH. And personally, I think some people are going to make a lot of money buying a lot of shares at what will, in hindsight, look like a fantastic entry... And what many would have called an excellent entry months ago, but now feel differently. Imagine, when the Share price was $30, or $20, if someone said... Wanna buy shares for $9.90? You can buy as many as you want. There will be a lock-up period, say for 1 year; you can't just buy them and instantly dump them for $20 or $30 (market price at the time). I bet people would be ALL OVER IT. Well, fast forward a few months... The company has continued growing, and we essentially have that same opportunity. We can buy as many shares as we want for under $10. There is no lock-up (and we can't dump them for a bunch more money since it's @ market price now), but it's very loosely the same scenario, the only difference is the current share price is a lot lower.