Adcore Inc T.ADCO

Anyone know?

[DeanCoo]

Why is Adcore selling off hard? buying oPPortunity?

[profitprophet1]

In December this stock could be purchased for 49 cents. I didn't get any then, but I bought at less than 70 and again a bit later. I took some $ off the table at $2.10 and again at $2.75 and am now leaving the remainder for long term. The dramatic run was unsustainable short term. Depending on your time horizon it could be a buying opportunity. The company has what appears to be an excellent

[Torontojay]

I increased my position by selling some of my value stocks. I could be wrong on the short term timing but I believe the next 6-12 month outlook is positive. 

[Torontojay]

The ad tech space has been getting hammered. In addition to this, the markets are in turbulence at the moment due to rising bond yields. After the markets correct itself, this will all come to pass. 

[TruthInNumbers]

TorontoJay is 110% correct with his post. The rise did need a correction, however it went down much more than it should have and the reason was news and market uncertainty. As for the stock being 0.49 in December, alot has changed for Adcore's outlook since then. 99.99% of stocks were cheaper in the past, I really don't know why mentioning that is relevant.

[profitprophet1]

I think mentioning a six-fold increase in 3 months is relevant. Of course it is relevant. That doesn't change the fact that the long term outlook is great, but stocks can't increase 6 fold every 3 months. Clearly a temporary pullback was necessary and predictable. Like I said after taking some $ off the table I'm now happy to be de-risked on my initial capital and am going to let the