RE:Recent actionFundamentals haven't changed to warrant a 25% correction to provide the current valuation which could be setting itself for a gap up once Q2 is released (as we saw in Q1). It's essentially a 7 day losing streak on US and CDN side, something that usually occurs after bad news, ie. after a bad quarter, lawsuit, etc. The backdrop is that the CEO has said that investors would be impressed with 2024 revenues and has signalled that the future looks good. Did Doug say something different at his 1 on 1's?
If the selling isn't due to fundamentals, then it's the other reasons; ie. fear, technical selling, manipulation. FWIW, interesting to see how the alternative exchanges now account for more volume than the TSXV, or how ANON hit the bid in the last 5 minutes of the trading day to double the losses for the day.
April has been an interesting month for sure, and we still have another half to go.