/biz/ - Business & Finance

>>55385187

>We have good news!
>Published on Friday which is usually when all companies put out the bad stuff

This fucking company I swear...
Any sustained trend change depends entirely on if they get the FS out on time and how the CEO search goes.
In my opinion they should wait until they have the FS on hand, CEO hired and then they should push the marketing as the price starts exploding under it's own weight.
Imagine if they throw money into marketing and either the FS or new CEO hiring gets delayed for months.
Well here's hoping that behind the scenes they have everything in good shape, we'll learn soon enough as the time frame for the FS coming out draws nearer.
It would kick ass if this company got sold when everything else has gotten beaten up, the money rotation opportunity would be incredible.

>>55385504

I got that fractal from a previous runup from -99 bottom.
There's two options here, we're either in that box no.1 where we do a big retracement and then continue up.
Or we're a bit further into the cycle and in the box no.2 where the retracement should stop right in this region and we should rocket upwards.
My money is on us being in the first one and we'll go down more rather than less.
I think us being further into the cycle would make this cycle a bit too quick of a thing, not to mention there's really no reason for any big money rotation at the moment.
Equities are doing well enough for people to stick with them for now and the banking sector scares are over for the moment.
Unless we really start spiking up all across the sectors, I say everyone should let most of the commodities cool off for the rest of the year, or even deep into the next one.