Another close above $4 is a positive sign when the rest of the market took a beating. Should be an interesting few weeks as BIG has indicated they have a few things to announce. Well done to whoever bought below $4 you will be doing very well from that position soon. I have taken a quick look over tech stocks with revenue similar to us and it seems we are in for a re-rate once the market wakes up. Probably the only thing slowing BIG down is it came from such a low base that so many people are sitting on massive profits. Maybe BIG could do a split to increase liquidity to help smooth out the volatility a bit too. It could work in everyone's favor.
BIG Price at posting:
$4.01 Sentiment: Buy Disclosure: Held