illumin Holdings Inc T.ILLM

After good Update

[snowpest]

From Yesterday High to today closing we lost mor than 14% and this after good news. 
From January every time we got news it was good news, analists in favor , Q1 good ,Q2 update was good yet from mid March we underperformed almost every indexes. Is this the work of shorters? Investors getting out triyng to preserve vathever is left from last year big run, late investors triyng to avoid more losses, perhaps the combination of all of the above. I'm really puzzled it's like watching a rock roll uphill.

[mofwmofw]

You summerized everything perfectly. Let`s just hope this was a flush out. Because we all know,(1) retreating share price on increasing volume is very negative, and (2) decreasing share price after good news is also very negative, so I`m hoping it`s shorters, cause they can cause a downward trend for absolutely no significant reason at all. GL

[Zach45895]

  I think a big part of it is long term investors getting shaken out by the prolonged underperforming stock price.  Investors from a year ago and longer still have massive gains on paper... quite possibly trying to preserve that. I really don't blame it on shorters, although I could be wrong. Long term investors exiting alongside with, over the last 6 months, heavy insider

[Prosilence]

I know, tl;dr.   This isn't a reply to anyone specifically, just a general comment. Just remember folks, ASSUMING Acuity, the COMPANY isn't just finished... Assuming it doesn't die, assuming it doesn't stagnate and it's growth is a wrap, assuming it doesn't switch to 2% annual revenue gains forever, etc. Assuming this company pans out at all. As far as we

[Prosilence]

I want to stress that I don't have any criticism, certainly not any judgement, and no bad feelings towards anyone who is selling, did sell, or will sell! Technically if literally NO ONE was buying this stock, it would affect me, because my return on investment would never inmprove. But even then, no hard feelings towards others - they all made a better call than me, if that's the case. But

[Torontojay]

Awesome post Prosilence and welcome aboard. There's nothing more for me to say other than you are absolutely correct! 

[skelterhelter]

Spot on. I jst want to add one more finer point that is a corollary to yours. When the vast majority (certainly on these message boards) buy shares they are not doing their own research. They are riding momentum / hype / tips etc. and do not have an unfiltered view of what they think the company is worth today and what price they are willing to pay for it. This is essentially the issue when