So I think the deal announcement was great for Spenda and its future!. As we know some have said it's not a good deal and with it arguments about the share price is not moving.
Learning from loss previously I found that buying high can lead to this negative feedback we get in the chats.
A share price should not be the only metric to value the stock!
It is only 1 of many ways to value a company.
If you purchased CRO at 8c to 20c because you believed the company had a bright future then now is the time to buy! NFA.
The share price will fluctuate and it will sort itself out in time.
The CEO of Ebev is saying - SPENDA IS A CRITICAL PARTNERSHIP
This is backing up Capricorns views !
So if your salty at Spenda CEO then fine cool ... .... but what about the value of the CEO words from the two huge business tying up their business with spenda services
Large companies have lawyers and other investors that all need to agree on deals so nothing moves quickly and SPX can't say anything if under agreements.
That said SPX shares may go down from now and it may take a year for a good price increase.
But ask yourself why you purchased at high prices?
If it was to trade and you missed the boat well that's life keep trying.
If it's because you can forward think that if all this comes together and changes how business do transactions in the future... then you should be absolutely excited for low share prices for as long as possible!!!
Thanks for reading.
SPX Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held
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