Attended a talk by the mgmt, very good marketing
However the price is seeking a new equilibrium.
As a result those who bought at IPO, are now getting heat in the pocket as prices drop 18% and likely to continue to a more sustainable level.
This company being owner-agents where everyone has a share of the company, the falling prices may demotivate them
The Company has a long history and track record, and has good potentials...
It is likely to settle around 70 cents before any upsurge in price
miss target 7 today
Attended a talk by the mgmt, very good marketing
However the price is seeking a new equilibrium.
As a result those who bought at IPO, are now getting heat in the pocket as prices drop 18% and likely to continue to a more sustainable level.
This company being owner-agents where everyone has a share of the company, the falling prices may demotivate them
The Company has a long history and track record, and has good potentials...
It is likely to settle around 70 cents before any upsurge in price