APT went through identical shenanigans. I remember COVID came and APT dropped to $10, then went through a massive wild volatile ride all the way up to $140, some days were up and down 30% or more.
Expect same volatility with this stock.
Cettire has a bullet proof business model, been stress tested during these toughest market conditions in over a decade.
All Cettire have to do is adjust marketing spend and increase or reduce sales promotions. This is due to their amazing automated tech, opex light business model with 0 inventory and 70 staff.
All competitors are going bankrupt or reporting massive losses due to high staff numbers and excess inventory they need to sell at losses.
Cettire profitable with double digit growth, doesn't get any more bullish than that. Funds keep buying on market and control 92% of float along with founder.
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