$Alarum Technologies (ALAR.US)$ this is about ready
$Alarum Technologies (ALAR.US)$ this is about ready
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ma gon : 80% decline...
isn't there something going on?
ma gon : I did some FS analysis and so on.
If you buy it back at 5 you will be rly happy.
LukeM OP ma gon : Yes, but it’s just having a down trend because it went from 1.4 to 46 $ in a year straight so a little pullback is understandable. A big reason is also the fact that their estimate for the next quarter result is a loss of over 1 million but not really too bad. All it is is them playing the short side on the way down letting it balance out and then buying it and sending it right back up. I play like this just takes time it’s not gonna immediately turn around and start flying up. That’s why I’m just continuously accumulating shares as it goes lower. So I’m good either way.
LukeM OP ma gon : I’ve already been buying I just keep buying as it goes lower because when I actually like the company in stock, so I’m not just trading it. There is also a big gap on the daily chart all the way up to $43 a share of meaning it’s gonna have to go back to this price. To fill the gap so I’m just taking advantage of this low price. While I can.
LukeM OP ma gon : But it’s also not coming down forever as well.
LukeM OP ma gon : Why 5?
ma gon : why 5, hmm, looks unstoppable, no major interest, bad market outlook, kind of no growth, and previous levels and P/S ratios. Seems it can go there, but...
I think it's around time to get interested in this one.
Wanna know hit news?
LukeM OP ma gon : I agree I’ve been with this one for a while. Might be trying to Hold 10 but we’ll see
LukeM OP ma gon : I think this about ready to start pushing up it’s been coming down for a while as well as having three major gaps. One on the weekly into on the daily chart which one is all the way up to $43 a share.