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Bullboard - Stock Discussion Forum Kraken Robotics V.PNG

Alternate Symbol(s):  KRKNF

Kraken Robotics Inc. is a Canada-based marine technology company engaged in providing complex subsea sensors, batteries, and robotic systems. The Company operates through two segments: Products and Services. The Products segment is engaged in the design, manufacture, and sale of equipment, including underwater vehicle platforms, synthetic aperture sonar and subsea power equipment. Its Products... see more

TSXV:PNG - Post Discussion

Kraken Robotics > Surprise, Surprise, Kraken Gets Punished For Good News
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Post by NLMoose on Jun 20, 2024 10:28am

Surprise, Surprise, Kraken Gets Punished For Good News

Usually, when a publicly traded company gets good news, they are often rewarded for it.

However, each time that Kraken Robotics announces some great news, including multi million dollar orders for new batteries, their stock prices go down as opposed to up.

You think that investors would be happen when Kraken reports good news, but they are not.

Lowering stock prices for good news goes against the Laws of Finance, which is to maximize the value of shareholder wealth.

Comment by Sinister on Jun 20, 2024 10:57am
Its because im a shareHolder. Every share I Own goes woen. then when I sell, it goes up :)   Joke appart, Every morning i wake up to a good news from Kraken, I know for a fact its gonna go down so i prepare to buy the dip. 
Comment by dwitzany on Jun 20, 2024 1:13pm
@ Sinister 1. Take your emotions out of investing 2.  Repeat every day: It's NOT about me! 3.  Learn the laws of Finance, and then understand that stocks do NOT typically move according to them, especially penny stocks!!! 4.  GLTA; also long Kraken.  We are pretty much all still up, so hold and be patient.  (no whining please)
Comment by Sinister on Jun 21, 2024 7:50am
1 : I do not have emotion in investing. 2 : It is about me tho! :) 3 : I already know that. Who does not? 4 : You are the one whinning right now my dude. Im pretty happy that I can prepare in advance to buy dips because of good news (transfert cash, sell other stock, etc.) I was stating facts ;)
Comment by Asdfghjk on Jun 20, 2024 12:47pm
You're complicating a very simple problem keeping share price low: REPORTING EARNINGS YOU DO NOT ACTUALLY HAVE BUT ARE OWED ISN'T LOOKED UPON AS A GOOD THING. The laws of finance have NOTHING TO DO WITH IT. Do you understand or are you going to keep whining and moaning about it?!?! Why even own it if it causes you this mich distress? 
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