NEA 0.00% $2.10 nearmap ltd

I am a long term holder and supporter of the stock and overall...

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  1. 67 Posts.
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    I am a long term holder and supporter of the stock and overall am well in the green (average buy is $0.89). I bought more recently at $2.40 - shows you how inside I am (not at all).

    Whilst I am very tempted to add during this kerfuffle, I am really cautious about companies that downgrade against guidance, particular guidance that was quite recently given. Often you find that one downgrade leads to another and then another one.

    For that reason, I am currently restraining my trigger finger. I didn't get to the conference call. What are the reasons that I should be convinced that today is the end of bad news?
 
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