Big lost 4.2 million, the company claim it is, in fact, making 4.2 if it was not for the deferred revenue- so they say the 9 million deferred only have 600.000 in liability. I doubt that very much and it changes my view on the company, management, financials, and profitability.
If I decide to sell and my thinking proves to be wrong then I have let go of a share that probably will do very well. Extremely costly.
If I decide to hold and BIG is not actually as profitable as it seems people think --- then that is an equally big mistake since the SP eventually will plunge eventually and take ages to recover. There will be no warnings why I am using the time now to make up my own mind.
I disagree it is same for all shares - BIG is special because it is trading as a growth stock and the punishment or reward is way different than for a majority of shares.
BIG Price at posting:
$1.34 Sentiment: Hold Disclosure: Held