APX 4.08% 47.0¢ appen limited

Ann: Appen 2020 Full Year results, page-391

  1. 5,825 Posts.
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    hard to pick the bottom.. but this will keep bouncing so you'll more than recover..

    main reason it kept falling (and I got caught in that, too) was that the 'experts' noted two things;
    1. Its main customers were the Big Boys; Amazon, Google..and these were not buying during the past covid year.
    2. It does not have 'locked-in repeat players'..

    However, most of us are expecting the Big Boys to more than recover and start ordering this one..

    the tech stocks in US have been oversold recently by a herd panicking about bond yield and inflation.. too early for that IMO the market has some way to run still..
 
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