APX to reach $14-$16 in couple of weeks, page-24

My reasoning is that the Kool-aid drinkers are wrong, and the market is rightfully punishing Appen. Appen is in dire straights. Another low earnings quarter (especially if it misses forecasts), will be punished SEVERELY by the market as a sign of failure in its area, while other tech stocks are growing.

Then it will get to ‘buy’ territory. I would prefer $6-7, but $7-8 I would consider. Possible scenarios of future amazingness is blinding the kool-aid drinkers to the high-risk circumstance Appen may have found itself in, of not being able to turn the ship around quick enough… the passengers will be jumping ship pretty hard if it gets to that. Opportunity cost is a bitch.

On the label, it reads: Drinking Kool-Aid in large quantities may lead to loss of vision and persistent urges to type “this is a value buy at these prices” on stock forums. Please discontinue consumption of Kool-Aid if these side effects occur.

Y’all know what you gotta do.