APX 4.23% 90.5¢ appen limited

Ann: Macquarie Australia Conference, page-67

  1. 10,740 Posts.
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    Pundits were looking for something positive at AGM and seems they believe the colour will be the same at AGM. This is about technology and the market in general so no figures were printed in this release.
    Guidances will be given at AGM. Market is feeding off any negativity it can get in an overall balanced and informative release.
    If dog stocks like Boral can rise 300% from lows in a crappy no growth sector - I am sure APX will recover in time. Business is more than fine - sentiment is atrocious and loves negativity at the moment.

    I feel for those that are on margin. Margin calls will be popping like pop corn. Come to pappa.
 
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