written by reader $STMZp

By koncurn, May 9, 2019

What are your thought is buying after a drop of more than 50%?

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Travis Johnson, Stock Gumshoe Recent comment authors

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Travis Johnson, Stock Gumshoe

I assume you mean Stamps.com (STMP)… I’m not interested, personally, seems like a poorly managed company in a declining industry that has lost its most value asset (exclusivity… which itself probably wasn’t as valuable as folks thought for a while). There might be a bounce back from that collapse, I don’t know, but it’s also quite possible that this is just the beginning of the decline. Sometimes stocks fall by 80-90% as investor interest in their industry declines — it doesn’t mean they’re worthless, but they’re definitely worth less and it can take quite a while for the market to… Read More »

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