Post by
NineLives on Nov 30, 2022 12:52pm
Every 5 years or so
I get caught out with a non-mining stock that always seems to good to be true and then watch the share price deteriorate. In previous investments, eventually, losses grew or the company went private. Which when based on the market niche or margins or just the product that remained in high demand has always been puzzling. But ultimately when dissected the issues are always down to management and not the product or sector itself.
Is this another repeat ??
Management needs to make a statement.
Comment by
Aarman4 on Dec 01, 2022 12:38am
Have you legitimately never been through a bear market with a Microcap before??? Were under$100 mil here!!! It's a ghost town for transactions! This is BUY time, not complain time, lol.... Cheers
Comment by
NineLives on Dec 01, 2022 7:26pm
That only explains part of the weakness. As for not enough buyers any time a large bid comes in it gets hammered. So maybe there's too many sellers ! Guess the financial release will be more informative, only hope it's not a big negative. Bring on the contracts.
Comment by
Aarman4 on Dec 02, 2022 11:58am
Not enough buyers or too many sellers is the exact same thing as far as share price is concerned. I think we could set Gatekeeper double it's revenue and still potential have very little medium-long term effect on setting a higher floor for the share prices... That being said, they could also double at a moments notice... Cheers