Post by
Toppert1 on Nov 28, 2024 3:09am
The market is telling you this stock is toast
It's yelling it loud and clear.
It closed today down 12% from the close the day before the $27 million contract news on October 21st.
It closed today down 2 cents ( 3% ) since the $2.8 million "installment" from Radian was announced on Tuesday.
The five directors who Collectively..bought one hundred and twenty six thousand dollars of the stock are down 17.5% in four months for an annualized return of negative fifty two percent.
The CEO is selling like it's a sport.
It's hardly even trading.
Maybe in truth it's trading half as much as it looks.
Here we have a $120 million company that is trading about 50 grand worth a day in Toronto going by the 30 day AV.
There's something wrong with this entire equation