No doubt it was taken to 30c on a bit of hype and ran way too hard for its valuation. Similar thing definitely happened to EUC recently too, although, those results were shocking and weren't worth too much (may improve in future, may not). Obviously, many got burnt with EUC and are tarnishing DRG with the same brush because some dude named Tolga is involved. Sad state if true, every company deserves its own critical analysis and valuation. I guess once burnt twice shy is ruling the roost with some posters here. Their loss and lesson long term is my opinion.
Keep learning is all I can say. After 20yrs I'm still learning and making mistakes. Not as costly these days and I typically avoid hype - I stay away from the most discussed stocks on HC.
Anyhow, DRG may drop to 10-15c and I'm 100% okay with that (my risk tolerance and investing style). I've analysed the company thoroughly and built a plan to execute. One of my greatest failings in the past is not having a plan!
Come to papa!
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4 | 23766 | 1.130 |
6 | 21578 | 1.125 |
12 | 65492 | 1.120 |
1 | 13556 | 1.115 |
Price($) | Vol. | No. |
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1.140 | 59582 | 4 |
1.145 | 40000 | 1 |
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