4Mon·

Hands off or favorable entry opportunity in a growth stock?

Your opinion is important to me!

https://www.finanzen.net/nachricht/aktien/geringerer-gewinn-erwartet-nasdaq-titel-napco-security-technologies-aktie-stuerzt-um-45-ab-napco-muss-berichterstattung-ueber-die-vergangenen-drei-quartale-korrigieren-12756068

Bronstein, Gewirtz and Grossman, LLC announces an investigation of Napco Security Technologies, Inc. and urges investors to contact the company!

On September 5, 2024, Fuzzy Panda Research published a report on Napco accusing the company of financial manipulation and accounting fraud. Specifically, the report states: "We interviewed former employees, competitors and industry leaders who repeatedly expressed doubts about Napco's reported financials and corroborated each other." Following this news, Napco's shares fell.

What's next?

If you are aware of facts related to this investigation or have purchased Napco securities, you can support this investigation by visiting the company's website: bgandg.com/NSSC . You may also contact Peretz Bronstein or his account executive, Nathan Miller of Bronstein, Gewirtz & Grossman, LLC at 332-239-2660.

https://www.wallstreet-online.de/nachricht/18485427-nssc-investor-alert-bronstein-gewirtz-and-grossman-llc-announces-investigation-into-napco-security-technologies-inc-and-encourages-investors-to-contact-the-firm

10 Comments

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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Smudo@Smudeo

4Mon

No one knows the value

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

4Mon

@Smudeo I am familiar with Wert🤷🏼‍♂️. I found it relatively interesting for a long time and had it on my watchlist for what felt like forever, but because the price only ever went in one direction and never showed any noticeable setbacks, I never got in. In the meantime, it no longer fits into my strategy, so what😂.

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