RE:RE:RE:Bruce Campbell and other institutional investors sold Quipt
Trademark...my interest is more in what effects the S/P. They lost interest and momentum, because they take too long between aquisitions. Campbell and others sold because of lost momentum. My point is the stock will flounder until they do a "move the needle" aquisition. Hopefully soon, before more investors lose interest. The last aquisition announcement did nothing to bring in new investors/higher volume.
5 mil Rev is not a move the needle aquistion and certainly not robust growth. Plus it is alot more work and slower growth trying to open up new states organically. So how long will it take before they announce another aquisition?
Short term I expect to see the S/P retrace. As I said, I may buy back for another swing trade, should the stock price go below $7.00 again, which in my opinion is more likely than not.
Just my opinion, not as a long. So we can agree to disagree for now.
GLTA