I'm a long term holder so not overly worried about corrections, however, I've also got a lot of money invested and these last two days have been brutal. Unfortunately I think tomorrow might also be bad.
I see support at $2.30 which is tracing back to October 2017 levels and would be a 55% retracement from the November high. Also back in October the quarterly cash revenue was only $15m. Since then we've had Tipsly, Zeta and numerous other positive announcements and the quarterly cash revenue is now at $22.5m (50% higher).
I wonder if BIG will consider releasing some sort of "don't panic we're still awesome, raking in the cash, and US is going great" announcement to try to help stem the tide?
BIG Price at posting:
$2.70 Sentiment: Buy Disclosure: Held
