Originally posted by MikhailP:
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This is feeling like a similar story to what was happening prior to the 17th December. Around then there was multiple heavy red days and then on the 17th a nice 20% jump came along. Feels similar, everyone going at each other throats and once it turned around all the infighting dried up pretty quickly. Right now we are in a pretty savage death spiral where each leg down triggers another leg down and vice versa. Taking a step back we are a better company with less debt, more products and a more certain future to the point we have Revenue guidance's. I hear the argument that nobody trusts the management being the old school holders, but surely how many of them are left or still buying? Although it hurts to look at, I am at least confident in the fact that this company is being oversold on simple fear. Not sure where people are going with their steep losses though.
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Sold on fear? I bet you the records will show Bells are selling on behalf of the usual buddy employees/board/PFG etc. Remember shares are issued in lieu of salary so they have to get their money out!
Sh*tshow. DAVE OUT.