Q: Good day guys ,
This story getting hit again .. is this a tax loss selling situation here? ..according to u guys there has been insider buying .. would u add here or still hold this frustrating name .
Thx
Mark
This story getting hit again .. is this a tax loss selling situation here? ..according to u guys there has been insider buying .. would u add here or still hold this frustrating name .
Thx
Mark
5i Research Answer:
The decline appears to be both tax related and market related. It has not been a good time for most small cap growth stocks. We think its valuation means there is some recovery potential here, but we would not add to a declining position in this market.