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Bullboard - Stock Discussion Forum Adcore Inc T.ADCO

Alternate Symbol(s):  ADCOF

Adcore Inc. is an artificial intelligence (AI)-based marketing technology company. It offers a digital marketing solution that helps entrepreneurs and advertisers by managing and automating their e-commerce store advertising and monitoring and analyzing the performance of their advertising budget to ensure maximum return on investment. Its suite of software-as-a-service (SaaS) products provide... see more

TSX:ADCO - Post Discussion

Adcore Inc > Mammoth on Yahoo Finance
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Post by TruthInNumbers on Feb 23, 2021 6:59pm

Mammoth on Yahoo Finance

There's a user on Yahoo Finance that is currently a self admitted short claiming that Adcore is a scam and that they will announce a significant (50%) revenue decline for Q4 and cause a big sell-off as a result. This is due to losing Client A although he states that its travel related clients and wasn't specific on who. I assume it's Client A because he used the number 50%, which is what was disclosed in the conference calls in December. Is there any merit to his claims? His price target is 0.50%
Comment by Torontojay on Feb 23, 2021 9:50pm
Is there a reason you are always pessimistic? im not quite sure if you're afraid, or if you're the short seller that likes to spread fear.  The company announced a 15% increase in revenue for the year even after losing their largest client, and from what I understand, is still not a lost permanent client. They are on track to double their fourth quarter sales. Why would you say the ...more  
Comment by TruthInNumbers on Feb 23, 2021 10:27pm
I own a significant amount of shares of ADCO. I like to tackles all angles, even the pessimistic ones, to either get confirmation bias or alternate points of view. I appreciate your feedback and agree with you. I am also "Robert" on the yahoo board so you can see my defense regarding this guy and his accusations.
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