KDY 0.00% 2.7¢ kaddy limited

Wouldn't go as far as to call it a "meme stock".Overbought...

  1. 89 Posts.
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    Wouldn't go as far as to call it a "meme stock".

    Overbought on the way up and oversold on the way down but fundamentally the company is the same as it was back at the Bibendum announcement.

    Investors - real investors, not those who wanted to make a quick buck on the way up - know this, have accepted the sudden change in price and are still holding.

    The market has barely seen the impact of the B2B component - the core of this company - yet are quick to judge the company's future at face value.

    Not saying that you are guilty of these things but calling it a "meme stock" on no basis other than sudden price sentiment is abit far-fetched.

    Dogecoin is a meme, GameStop over at the US was a meme, I don't think this is a meme.

    All IMHO, GLAH.

    D.K.
    Last edited by d.n.kam: 11/05/21
 
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