You need to remember it rose up very quickly after going sideways for a while. This comedown could just be the market levelling itself out.
It also could be sellers who brought in at 20cents from the IPO and didn't sell at the peak now it is dropping they still want some profit. Who knows...... I held this stock from IPO but due to unfortunate circumstances had to sell before the spike upwards. It's a good company. I really do think the drop is just the market. Remember what goes up fast comes down faster.
If it levels off at 30-35c it is still a 15c increase from IPO. 50% in 6 months isn't too bad
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