mCloud Technologies Corp V.MCLD.H

Oversold?

[KBizz1]

This stock has been a dog over the past few months. We are within 5% of 52w low and no bottom in sight regardless of the PRs. I feel like the stock is severely oversold but I don't understand why it keeps dropping. Anyone have any thoughts on catalysts?

[canarsta]

I agree with you. But it can take time before you have any real positive trend. The revenue is increasing fast for this company. So far so good. But the costs have also increased the latest year. So they still have no earnings on the last row. I think they can do a lot if they really want to improve the marginal and not to forget either that 70% of their revenues are recurrent revenues. No I'm