4D·

Hard corrections

$DRO (+3.55%) sinks and sinks and sinks....

Does anyone have an assessment of where the massive fall is coming from? I don't read & find any negative info about it.

The only thing I can find is overbought and the rest are still taking their minimal profits...

Questionable to buy now and leave it? What do you think?

Best regards 🤘🏼

19 Comments

Alpalaka@Alpalaka

Well, they were already at +700% YtD. A correction is simply part of it.
Presumably the hype that drove the stock so high is now missing

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All-in-or-nothing@All-in-or-nothing

My target price for entry remains €1.50🤷🏼‍♂️

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Johannes@Johannes1993

@All-in-or-nothing yup, I'm also waiting for the €1.75 - €1.50 zone. Then

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Jupp D.@JuppDupp

@Johannes1993 I think that will also be my target purchase zone

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Dividendenopi👴@Dividendenopi

@All-in-or-nothing I know someone who would have written: Buy order placed at €0.24, will be executed promptly...😉

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HeHo2208@HeHo2208

1.30€ would be a good start

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Audiemus@Audiemus

Consolidation after too much hype? Reason: Precisely because no news?

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HeHo2208@HeHo2208

Overvalued with 43% downside risk according to Investing.

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Nemesis1990@Nemesis1990

. Turnover shot up by 900 % compared to the previous year. . I would leave it as long as it is above 2 euros I would not buy more ...

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Grinch_of_stock_market@Grinch_of_Garden

I think you have to be patient. With regard to a subsequent purchase, I will wait until the share price reaches €2.00.

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SteelDiv@FinSteel

The Bundeswehr is likely to award drone defense contracts to two German start-ups and Rheinmetall. However, the last run on $DRO came from the need to protect German borders. I think the awarding of contracts and the lack of new reports also contribute to this.

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AllStaRRRz@AllStaRRRs

@FinSteel would be interesting to know which startups are being invested in

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