You can take a gamble, but the annual chart shows a clear direction. I haven't done much research on the company, but market apilization below 40 mio. There are always weeks where it goes up 20% but also down 40%.
And if you already know that the Asian market has been conquered by them, then all other investors know that too. So it should already be priced in at the current price. By the way, conquering is not throwing an app onto the Asian market, but having established itself and taken market share from others.
And if you already know that the Asian market has been conquered by them, then all other investors know that too. So it should already be priced in at the current price. By the way, conquering is not throwing an app onto the Asian market, but having established itself and taken market share from others.
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@Hotte1909 Thank you for the detailed answer
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@Hotte1909 the company was basically taken over by a balkan 'angel investor' with very little background. the germans sold it out from under the shareholders feet, issuing additional shares to the buyer, and they appear to have bailed. everything about it stinks and has stunk since they made their own crypto (-98% since launch about 6 years ago). there are much better, less stinky bets in this sector
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