From experience with another stock I held until a successful takeover, I'm a little sceptical of the motives of insiders from competitor companies, especially comments veiled with so called "good intentions".
The IPO pricing was very disappointing and a lesson to all on the risks. That said the business is linked closely to unemployment and is cyclical in nature. We are close to the bottom of the cycle so the fact they are covering costs at least bodes well for a more positive future. The drop in SP to 68c was over the top and a good opportunity for IPO participants to average down to a more realistic level. Let's hope we get a good deal from the at least 2 other interested Parties
From experience with another stock I held until a successful...
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