Sproutly Inc (SRUTF)

[dude61]

The stock is down because...

One more posted I read and wanted to share with you...
I am a believer.. will not sell, actually will buy more little by little. This is a winner ticket, will take a little longer than anticipated to explode, but that is fine.

---------
The stock is down because...

This was a known event. The market prices in known events. Everyone who was aware of Sproutly knew they had something in the works because it was announced. The market does not wait until the day of a deal to price things in. The market prices in known events well in advance. This is why sell the news is so common in all different sectors.

Would it have opened significantly higher if it was a Pernod? Yes, we would have gapped up into the $1.50-$2.00 range perhaps, but it would have fell hard after that.

If this deal was randomly dropped yesterday and price was trading at say, $0.55 CAD, this would have been a sling shot up to where we are now and the momentum would continue to build.


Did unrealistic expectations have something to with it? Probably, but not exclusively.


In my opinion it has much more to do with a the market pricing in known events. It was a strategic error on Dolo's part to hint at this deal. If it was dropped unexpectedly it would have been a bullish reaction, mark my words.


Also, a thousand people can sell this stock now, but if one institution starts covering Sproutly with a decent price target then we are sitting on a rocket ship when new buyers rush in.

I’ll be holding for a couple years I think....but, in the market anything can happen, so I can’t fully commit to that.

-----------------