This definitely has that institutional investor style ‘sponge and absorb’ feel to it. JP Morgan is accumulating and others are also getting their piece of the pie.
The narrative, technicals and fundamentals are all primed. The downward trend in the share price ignores the facts, is counterintuitive, but does provide a great buying opportunity.
The recent LinkedIn info is a worthwhile read. Another sling shot release cannot be too far away.
CXM Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held
