Nice analysis Mitch,
I agree that they are struggling and I wouldn't be buying just at the moment, the dust needs to settle at the very least. Considering Management weren't willing to make a projection on the 2nd half, that leaves investors guessing as to how it will perform, if the face of uncertainty, hard to see it going higher.
WEB has a similar downgrade less than a month ago and both have been in a downtrend since earlier in the year.
Wondering whether I should look at an FLT short, its come off a little, but enough?
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