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Bullboard - Stock Discussion Forum Kraken Robotics Inc V.PNG

Alternate Symbol(s):  KRKNF

Kraken Robotics Inc. is a Canada-based marine technology company providing complex subsea sensors, batteries, and robotic systems. The Company’s high-resolution three-dimensional (3D) acoustic imaging solutions and services enable clients to overcome the challenges in oceans. The Company operates through two segments: Products and Services. The Products segment is engaged in the design... see more

TSXV:PNG - Post Discussion

Kraken Robotics Inc > Kraken Robotics lost the wind from its sails
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Post by NLMoose on Jun 10, 2024 2:10pm

Kraken Robotics lost the wind from its sails

With Kraken Robotics shares well below $1.00 a share and regaining its "Penny Stock Status", it seems that the wind has been taken out of its sails with little or no reason why.

After reporting record profits and sales, you expect Kraken Robotics shares to keep climbing to its short term optimal level of $1.50 a share, not plummeting to well below $1.00 a share.

Talk about being punished for great results.

Comment by ITSUP2ME on Jun 10, 2024 2:18pm
There's 5 dollar penny stocks out there....
Comment by Asdfghjk on Jun 10, 2024 3:25pm
I've said this more than once here: ANY STOCK UNDER 5 DOLLARS IS CONSIDERED A PENNY STOCK.