This stock didn't rob you, you robbed yourself, Kasper. You fell for your own nonsense in believing everything was going well with the company despite lots of red flags. And even when the red flags turned into reality, you still failed to believe it.
The sad thing is it seems like you stil haven't learnt your lesson. You're still blaming "game playing Insto's" for the share price. You've been spinning the same "manipulation" story from significantly higher levels. The fundamentals for the company have deteriorated substantially over the last 2-3 years. It's still trading on a current FY multiple in the mid-high 20s, which is generous for a company that's barely growing and has several headwinds ahead. The last update by the company where they're now coming in at the lower end of guidance wasn't exactly a good look either.
Like most mum and dad investors, I suspect you would have been much better off putting your money in an index fund ETF. And without all the stress. It's a statistical fact that most people aren't good at picking stocks. And then to make it worse, a large portion of those
put most/all their eggs into a single stock!
A2M Price at posting:
$4.80 Sentiment: None Disclosure: Not Held
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