Very insightful and certainly some definate truths spoken there....

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TruckinJase

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30/01/22

18:17

Post #: 59224333
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Originally posted by barmy44: ↑

I don't know... SP is not always correlated to company performance. Honestly, I think a lot of it is due to over excitement in a lot of retail investors (DW8 was THE stock on reddit while the SP flew) and a ton of people got burned. Rather than assessing their own investment strategy, they turned on the company itself.

It got way overvalued. And now the more revenue they generate, the lower the SP goes. Negative sentiment can be a slow boat to turn around. It will turn around, though.

Good companies sometimes have SP that perform poorly. Bad companies sometimes have SP that perform well. The SP is often not a perfect correlation to overall company execution of strategy. I believe it will turn around.

The wine stored in the warehouses is essentially on commission, though. It isn't inventory DW8 has purchased. It will move, and DW8 will generate revenue from moving it.

Sorry for the snippy response before, but your constant "dog stock" posts with no thought (or often relevance to thread discussions) is either low level gutter trolling we don't need, or misdirected frustration at buying a company at an unsustainable ATH.

I think you should reconsider if you need to post it constantly.

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Very insightful and certainly some definate truths spoken there.

This is still a very poor performing stock though there are clearly a ton out there better than this; however, as you say it will probably be a matter of time (hence my sentiment to hold).

I feel sorry for the people who don't have time in their side and will lose out.

All the best.

DW8 Price at posting: 4.7¢ Sentiment: Hold Disclosure: Held
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