CLV 1.02% 49.5¢ clover corporation limited

very conserveitive company , page-3

  1. 837 Posts.
    The stock is down around 20% since the announcement. The Buzz about this stock which got it above .30 was the 58% increase in revenue but only a 18% increase in profit. If they increased production and sales their profit should have matched up at 58% as well. They may be selling more but their efficiency is going downhill. Also I think their product is great, a powdered fish oil product, but it is a one trick pony.

    Also becareful not to get married to a stock, I can see it happening here, people see the stock price down so they create a thread here saying how good the stock is and others say 'yep' and give the post high rating. Nobody but me has mentioned it is down 20%. Why can't someone atleast say, darn sucks it is down 20% but it is still a good stock, I'm holding for the long term etc. It is like the decline is being tolerantly ignored or of no consequence. Perhaps a double top or atleast it is going to be tough going getting though the .3-3.2 barrier.

 
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49.5¢
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49.5¢ 49.5¢ 49.5¢ $39 78

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Last trade - 10.02am 18/11/2024 (20 minute delay) ?
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