I agree its all about upcoming guidance as the results should be in line with what they have called. There were people here ages ago saying if there was a drop it wouldnt impact crappen as the SP had already suffered so much for a debt free business with pretty good prospects. I dont buy that and think it will continue to get marked down in line with the Nasdaq - this IMO should present some short term opportunity if people have the risk appetite. If they call a strong future, game on, if not, who knows but if so I hope Mark goes, to me it will be the final nail...
Theres probably better options out there but there are good reasons they may have hit the bottom (operformance wise, not SP wise) and being forced to pivot isnt a bad thing IMO.
Should be an interesting day, GLAH.
Appen and the Nasdaq, page-73
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