Post by
Sextant on May 15, 2020 12:11am
PP Investors down 50%
This companys stock has experienced turbulence due to a lack of being ill prepared to deal with the selling from the shell guys.
The advancement of the covid crisis compounded the negativity on the stock especially in light of stalled activity on the m&a front.
Staffing attrition has also had a measured effect.
Also, theres a new Ceo and theres usually a time cycle for proper onboarding.
I remain optimistic this will turn around.
Opportunities abound more than ever in this space and there will be a greater degree of industry consolidation and this was always the corporate intent from the get go.
Comment by
TaxRebel on May 17, 2020 9:35am
Sure the opportunity is there but can these guys execute?