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Marco
@DivInvestor
4Mon
I am always wary of accounting fraud and am extremely cautious, especially with a small-cap share.
I will therefore be selling my shares shortly.
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Tenbagger2024
@Tenbagger2024
4Mon
Is there already a statement from the company?
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Marco
@DivInvestor
4Mon
@Tenbagger2024
http://investor.napcosecurity.com/2024-09-09-NAPCO-Security-Technologies-Responds-to-Short-Seller-Report
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Tenbagger2024
@Tenbagger2024
4Mon
@DivInvestor
So I see no reason to sell.
I think it could be a good buying opportunity.
In the end, everything will come to nothing anyway.
The price has already fallen and the short sellers have achieved their goal.
As far as I can see, the share is already forming a bottom again.
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Marco
@DivInvestor
4Mon
@Tenbagger2024
Everyone has to know for themselves.
I prefer to be more cautious and pull the ripcord; with such concrete accusations, I tend to be more skeptical of the management.
Especially since they do respond to the accusations to a certain extent and try to optimize processes...
Where there's smoke, there's often fire...
My money is also in good hands elsewhere...
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Memo0606
@Memo0606
1Wk
@DivInvestor
are you still skeptical at the moment
?
I am going in
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Marco
@DivInvestor
1Wk
@Memo0606
I've been out of there for a long time 🤓
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Memo0606
@Memo0606
1Wk
@DivInvestor
and why?
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