May. 6 at 5:42 PM
$MNTN Apparently the Market hates companies with sustained profitable growth. And who can blame then when they can take an unprofitable Semiconductor company and run it from
$1 to
$110 in a little over a year's time. To me this looks like an Algo raid where you have falling moving averages that act like Kryptonite and keep the share price falling steadily after an initial shock drop that sets everything in motion. I like a company with solid growth and 80 percent gross margins... but I'm not as smart as the market obviously.
