RE:sell offCarsT1 wrote: Way down from earlier levels - retail is a difficult area at this point in economic cycle and this stock is likely dead money at best.
GLTA
I sold my short term ATZ holdings for a 10% gain this morning during the market exuberance over Q2 results surpassing expectations. Much of the early stock price gains could be related to shorts covering their 1.3 million shares.
I expect the share price to drift lower or sideways over the rest of 2023 mirroring economic/market sentiments. There may be a good opportunity to re-acquire shares during tax loss selling season at a discounted / oversold price. I still believe in ATZ's potential and it really comes down to whether you want to hold long or just swing trade the stock on market volatility.
GLTA