The only other stock I've seen in such meltdown recently is the retail stock, ctt, when ceo sold down out of escrow and lots of talk about recession. That stock then skyrocketed for those that accumulated when blood was in the street.
the main reason for this meltdown is the US performance and the brutal honesty of the CEO saying that this seemed due to customers wanting 'promotion' as a reason to buy so it's more competitive and margins lower. Ok, I get that but imo just needs some news about US not really going into a (man-made) Recession and spending up for this little stock to start recovering. I'm averaging down at this insane sp and sitting on it.
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