Fair Enough, but my point is about “how should those who own this and those who are looking to own this name, how should they react to this development?”, not that one should dig deeper or pass on it or paper hands left etc.
Factoring in all that has been said in the thread, and then the points shared in the defence of the company and its current valuations – how does this 17% possible correction fit there? cause it happened, and again some correction was seen today as well ~4%.
This essential makes us all re-evaluate the current standing without a focus on how good the future could be. Are we standing on a near-solid footing to start making valuation decisions based on future positive developments. Seeing that drop ? that existed for about half hour-45minutes mind you, seeing that drop I don’t think we are standing on a solid or near solid ground. And it could really just reach that 17% down levels, and people will lose money believing that narrative that future is good – especially the ones looking to get in right now.
I don’t want to be that person, and hence I seek answers. This forum is a democratic one, so I come here.
Also, appreciate the first line of your response Pinak.
Take care. Good Day.
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