although i like yow, yow is literally a daytraders play thing.
They buy in anticipation of the quarterly, and dump on the quarterly. Then its all the rookie daytraders who bought too high on the quarterly announcement. And they then slowly sell for their loss and wash through, before they do it all again for the next quarterly.
Ill look to buy into this company again but wait for around 4 cents or just below as I know there are still some trapped daytraders in this company above that will eventually sell for their loss.
The only way this will truly re-rate IMO is with a potentially takeover offer or if they look to acquire another business which I feel they arent looking for atm. Directors atm are happy with just going along with business making their wage and hopefully in the future paying themselves dividends. Till then no rush to get a position. As I said ill just wait which Im sure alot of other swing traders are doing the same.
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