CXZ 0.00% 2.8¢ connexion mobility ltd

Earnings increasing & multiples expanding (Re-rate commencing), page-1155

  1. 2,768 Posts.
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    Hindenberg takes a massive short position in Nikola and then releases a report alleging Nikola is a a fraud business. Haha how motivated...

    All remind you, in despite of GM doing what I imagine to be extensive due diligence before entering a partnership with them.

    Regardless - this has very minimal bearing on CXZ at the moment. IMO what we are riding is the short term volatility and perception generated by macro market conditions and the robust sell off by Lucerne which was not received well by the market.

    Will take some time to mend but should pay off if you can remain solvent - who knows - this one has had some sting in it but it is still a lot better off than loads of stocks trading at much higher mcaps - just testament to the adage that its not the value in a business the drives stock prices, it is the perception of value. Hopefully we are at the last of the capitulation - much healthier average price now but still in the red significantly $$ wise. Just glad I dont have to sell at the moment and sorry for anyone cant ride it out.

    All IMO - GLTAH
 
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Last trade - 16.10pm 19/07/2024 (20 minute delay) ?
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