I believe the market reaction is unduly harsh based purely off the stall in organic search results. Revenue is up over 40% on the corresponding quarter, which just so happens to be the least productive as outlay isn't realized until Q4.
Although I agree that MGMT response to these search issues is a point of concern, I do not believe it is enough of a reason to wipe 14% off the share price.
A better question would be; Why does a poster, who has no current vested interest in a company, make it their business to highlight negatives in an on line forum?
Food for thought, no doubt.
I believe the market reaction is unduly harsh based purely off...
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39.0¢ |
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Mkt cap ! $109.9M | |||
| Open | High | Low | Value | Volume |
| 38.5¢ | 39.0¢ | 38.0¢ | $15.54K | 39.99K |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 67008 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.0¢ | 41794 | 3 |
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