Ceapro Inc V.CZO

People Don't Like Money?

[infoisgoodman]

What's the deal with this stock?  We had good new releases and had good numbers for the quarter and year.  We actually have a viable business which the numbers showed with lots of potential for the future.  CZO isn't hype like other stocks that have nothing.  So after the good NR's and numbers we get momentum.  Then out of the blue someone decideds, "Hey why would I sell the stock for $1.00 when I can sell it for 80 cents?"  All momentum is dead and we are plummeting back towards 60 cents.  I understand taking some profits but the profits are much higher at $0.95 to $1.00 than at $0.76.  Don't people like making money?  We can't blame the company and their lack of NR's.  This is investors driving the price down on good news.

[Ciao]

You are absolutely correct.  Makes no sense to me. At current share price, it is almost entirely discounting the last 2 NR.  For a stock which is not that liquid, those who do not want to wait for the prize (PGX agreement, BG pill, which will make the stock appreicate many times over the current share price), are selling as they see the short term momentum has waned. Great time to

[EbbFlow88]

Agreed! I was expecting a pullback to around here though. I hope to see a nice base building here and then release of PGX deal/covid inhaler news. Two big catalysts in the next 3-4 months. People always sell too soon...

[ZoranSto]

There are a lot of day traders ready to make any profit they can......I don't think they care if they wait to possibly make more money in 3 months. If there was a large institution looking at getting in this would have never dropped so fast. What the company released was fantastic it just needs to get to investors that will buy hundrends of thousands of shares.....somehow they still need to

[Ciao]

Agreed.  I've bought more, it's a personal financial decision.  I'd rather average up based on the financials in the last 2Q (Covid angle was a bonus) and we are 1/3 into H2 where a PGX announcement should be forthcoming.  Lots of upside and limited downside based on fundatmentals, the earnings and improving rev will give support to the stock that we didn't have