BLV 0.00% 1.6¢ blossomvale holdings ltd

Interesting thread I always take the threads as a sign of...

  1. 20,475 Posts.
    lightbulb Created with Sketch. 2023
    Interesting thread

    I always take the threads as a sign of sentiment. It reflects that the stock is out of favour and people are doubting the growth story. I view this as an opprtunity to buy or average down if you have laready bought in.

    The issue here is the stock is 30-40% lower than it was a few weeks ago so what was expensive or fully priced at 65-70 may not be at 43.

    its a cyclical stock in growth phase so profitability will be variable with periods like this
 
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