Just looking back the chart, there were heavy selling on 30/10/2015 and 2/11/2015 follong the release of quarterley statement. I thought the statement itself was very positive.
It announced 750% increase in billings and a huge cash reserve and many others (refer below):
Activity highlights
1. A multitude of clients have joined the REFFIND employee experience platform including Qantas, Suncorp, Downer and Johnson & Johnson
2. Strategic alliance signed with Randstad, one of the world’s largest recruiting firms. Initially targeting its network of IT professionals the agreement was then expanded to cover relevant job vacancies across nine of Randstad’s divisions and therefore more than 1 million job candidates
3. REFFIND Engage launched with clients immediately taking up the new platform x Acquisition of global market leader in employee recognition WooBoard, thus launching REFFIND’s Embrace product. Acquisition includes 46 active customers and provides immediate entry into the US and other markets
CAN ANYONE FIND A REASON FOR HEAVY SELLING ON THOSE TWO DAYS?
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