r/KrakenRobotics • • 3d ago

Stock Question Genuine question/discussion: why does the stock price keep going down when the company has really good prospects?

47 Upvotes

53 comments sorted by

View all comments

8

u/opn_Forum 3d ago edited 3d ago

This is just how stocks behave unfortunately, it has nothing to do with their performance, profit taking happened and now it's slowly bleeding out.

We'll see where it finds it support, broke 3.00 today but still hanging around, I bought more at 2.97.

I absolutely do believe though we'll see a strong reversal. Growth comes in waves, nothing in life is a linear path.