RE:RE:RE:RE:???davewho wrote: why people are selling before Q2 is beyond me. DD has said pretty clearly it will be good. Mark gave an example last week of another stock that pulled back sharply because people thought a bad Q was coming. Might have been Evolv but don't quote me. Mark said when the Q came out it was a great Q as he thought it would be and the stock recovered just as quick. He does make a point of saying stocks go up and stocks go down just the way the market works. Nobody really knows anything beyond whats public knowledge or rumor. We will see what Mark has to say tomorrow after his meeting with DD.
Yep, besides profit taking / trading a position there is really no reason to sell in advance of Q2 (except unfounded fear that it won't exceed Q2 2023) and potential new buyers coming in after engaging with Doug at LD Micro.
I must say that someone using Scotia to trade was really setting the table for these 3 down days with relatively large sell orders form the on-set.