illumin Holdings Inc T.ILLM

Growth stocks that have fallen by at least 50%

[Torontojay]

Here are some names of companies whose share price has dropped by 50% or more along its journey. I've only named a few of them and they are exclusive of the pandemic sell off that occurred last year. 

1) Roku: On oct 1st 2018, shares traded at $76.48 and then dropped to a low of $27.17 on Dec 24,2018. Today Roku shares closed the day at $361.91

2) Crowdstrike: On Aug 13,2019 shares traded at $99.65 and dropped to a low of $45.5 on Nov 9,2019. Today Crowdstrike closed at $193.93

3) Teladoc: On Sept 28,2018 shares traded at $86.35  and eventually descended to a price of $42.88 on Dec 24th,2018. Today Teladoc shares closed at $ 178.00 

The last one is my favourite. Good Ol' Amazon 

4) Amazon: On Oct 16,2003 Amazon traded at $59.91 and seen its share price drop almost 3 years later to a low of $26.07 on Aug 11th, 2006. On April 26,2007 the share price finally surpassed the high on Oct 16,2003. That's almost 4 years later! 

Today Amazon shares closed at a price of $3223.82! 

I plan on holding Acuity for the long term and I encourage others to look at the bigger picture. In the short term, the stock market is a coin flipping game and I don't know which way it could go. However, I am confident that over 5-10 years this stock will allow people to enjoy earlier retirement and provide that financial freedom they've always dreamed of. 

glta

[mofwmofw]

The problem I have is that it wasn't insiders jumping ship. Do u agree or not . If u agree then u and redirect are paid pumpers and I'm starting to wonder. Really

[Torontojay]

Lol @ paid pumpers. I get paid exactly nada on my posts. I am no different than the rest of the community.  By the way, Tal Hayek still owns tens of millions worth of shares. What more do you friggin want? He had a chance to cash out at $32 but he didn't, howecome?   

[TigerKing]

the Google news didn't come out that time.

[fdfd12]

He didn't beause he didn't know what he knows now or else he would have cashed at $32

[Torontojay]

As for the google cookies. This was old news. https://www.google.ca/amp/s/www.theverge.com/platform/amp/2020/1/14/21064698/google-third-party-cookies-chrome-two-years-privacy-safari-firefox

[Torontojay]

This is so short term thinking. You mean to tell me that management have decided after a few months that Illumin is going to be a failure? If that's the case, they could just carry on with the direct service line of business which has grown significantly over the last 5 years. Having  Illumin as a growth driver is like adding your favourite topping to an already delicious slice of pizza

[Swiftstar]

It was black out period for mgmt during that time so they couldn't of sold at 32 even if they wanted to...

[Raffle]

How would you know of black out periods? When are they?

[Torontojay]

It would be a period of time before the financials are released and a few days after to allow others to properly digest the information. If the company's first quarter ends on Mar 31, and they post financials on Apr 1st, then during this time and a few days after financials, there may be under a blackout period. If you notice, Acuity prices ran up during periods of blackout and began to fall

[Torontojay]

How  about at the end of Dec when the stock was  trading above $20 ? Tal Hayek disposed 100k in Dec 22 @$20.28  when the volume was over 2.8 m that day. He had over 3 million shares in total.  On Dec 21 the share price closed at $20.5 with over 4.3 m in volume and no shares were disposed by Tal,Rachel or Joe. They had the chance with strong volume to sell much more of their

[jaybull79]

Thanks Torontojay, always enjoy your posts. Acuity has also had a few 50% drawdowns in its history. Even if you bought at the all-time high in March 2017 at $5.40, you'd be up 155% at today's closing price, or 39% annually. I am not a pumper either. Just an accountant who's excited about Acuity lol. I typically never invest in tech stocks. I am a value investor at heart. But Acuity in

[virgintrader99]

Thanks alot

[Torontojay]

Thanks Jay, I think your numbers are spot on. I too invest in companies that I believe are trading below its intrinsic value based on cash flow analysis. I try not to let emotion get in the way and I rely on the numbers to guide my decision process . I think we are in value territory at the moment and it's a great time to be accumulating. My favourite type of investments are when growth and

[Raffle]

Please explain the disclaimer.

[BeatsBast]

he's a paid pumper didn't you know? According to mofow...

[Raffle]

I didn't know.