Apart from the curious appearance of Jasmin after a horror day - along with Gordon who appears at not dissimilar times - we find an article posted by Lacey Summers ( sounds like a geek's fantasy) on a site designed to " empower retail investors to make profitable non-emotional long term investment decisions"
The article itself doesn't make that much sense. Read it. Most of it is generalised and non specific and could be applied to any early stage company. It is also based primarily on historical data.
Check out the 4c. Cash flow positive. More money in the bank. A debt facility that is there just in case. These aren't the ingredients for a company about to collapse.
Who sold yesterday? Bet it was retail shareholders spooked by the article. They are by far and away the most likely to be getting these ridiculous articles. Retail shareholders are the target for early stage and micro cap businesses when a little ramping is wanted because they are far more likely to respond to hysteria. Likewise if you are in the business of shorting these sort of articles are perfect. Frightened retailers panic and sell and you know the rest.
This has nothing to do with good analysis and everything to do with greedy people targeting those who can least afford it. Despicable game.
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