I don’t think anyone really do any DD on anything they buy or sell nowadays. All momentum trading and those who missed out on the IPO probably feeling pretty sour and wants to at any chance create some bad publicity or misinformation. Not sure whether their aim is to attempt to suppress the SP so they can buy or simply the mindset that if they can’t make money out of this they don’t want others to either.
My investing philosophy is simple. During a good market and great momentum this stock will go up regardless. But if the entire market is looking terrible and the SP goes down accordingly, I’m not bothered if the companies fundamentals are good. Fundamental analysis gives a company MC a much clearer valuation than a bunch of traders determining it through momentum trading. Just my opinion.. and I think this companies fundamentals really stack up for me to hold without concern.
