To be honest, I think it's natural that microcaps just have huge swings, especially when expectations are not met or exceeded. I remember lurking on appen's forum when the stock hit 30 cents when they lost their google contract or something and look at it now (I'm not saying FND will rebound, I'm just saying these events affect micro-caps more than larger caps). The half-yearly update definitely was a bit unexpected and hopefully the second half can hit guidance. Hopefully the future will prove that this decline was just an opportunity to buy more. We'll see.
I sort of do agree with cymonger's overall sentiment that whenever you see something decline, comments such as "instos are manipulating this". Personally, I really could care less and I'm really only concerned if the underlying fundamentals have changed.
FND Price at posting:
$4.06 Sentiment: Buy Disclosure: Held
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