Overreaction, why would NY BlackRock group buy in? Because this company has no future?? if a company invests in marketing, it would be crazy to see that revenue will directly grow in that same Q. That will never happen. Marketing commenly gets effective around 6 months on average.
Then almost every country had stopt the lockdown in Q3 so ppl where free again to go to restaurants and vacations.
and at the moment there are extremely busy times everywhere around the world. Company's investing bigtime in new machines, material's etc. This will only reflect in very good results in Q4.
buying some bags
MMM Price at posting:
$1.05 Sentiment: Buy Disclosure: Held