Q: Any idea what is wrong with Kraken. Still up on your recommendation, but we have given up a big part of the gains in the past month. Time to exit before it retraces back to the mean, or stay the course? I sincerely do not want to round trip this one.
5i Research Answer:
Please see this answer from May 4. We also have some stock comments on it this morning. We would remain comfortable holding this, and buying into further declines. We do expect it to win more contracts and this could spark renewed interest.