This is starting to feel like the rocket it was early in the covid lockdown period, when every other day if not every day the KOGAN SP rose 22% or thereabouts until it hit over $25.00. Can it happen again, I think yes but perhaps not as fast as it did a few years ago, its unlikely we will get 20% range of SP uptrend every day, but that's what happened in covid days when sales were going through the roof and inventory had to be scaled up which was overdone a bit because that situation could not be permanent and the SP crashed as people stopped buying so much.. they learnt and it is strange they didn't intuitively read the situation properly when covid lockdown was ending, the adrenalin of it all went to their heads
KGN Price at posting:
$7.48 Sentiment: Buy Disclosure: Held
