illumin Holdings Inc T.ILLM

Acuityads volatility

[Torontojay]

On Dec 22nd Acuity traded as high as $22.44 and eventually dropped to a low of $12.06 on Jan 5th. Anyone remember that one? This represent a 46% drop from its high. Fast forward to today. Acuity traded at an all time high of $32.75 on Feb 22nd and has dropped to a low of $16.15 on March 4th for a staggering 50.68% drop. We all remember what happened after Jan 5th. I suspect we will see a resurgence in our stock price to a new all time high in the coming months much like what happened after Jan 5th. 

Fyi, Amazon experienced 50% drawdowns many times along the way when they were an up and coming tech stock.

[BeatsBast]

hard to stomach the drawdowns from ATH. wherethere t be the 7,72 spike or 22 spike. Both times it took apmost exactly 1 month to recover. Let's see what the future brings us. April 2nd new ATH ? I can't help myself imagine a 24% growth added to travel and hospitality coming back (30%) + new illumin bug accounts... holding strong for at least 2022 if not more... GLTA

[Torontojay]

It's interesting that the first major descent from its highs started on Dec 22nd and reached a low in 8 trading days on Jan 5th.  The second one started on Feb 22 and reached its lows in 8 trading days. If this pattern repeats itself, the next highs should be on Apr 22nd.