Nov. 14 at 8:48 PM
$PRCH I’m a big supporter of this company and I listened to the er cc. The one thing I didn’t like is there seemed to be no real sense of urgency towards growth and in turn to support the stock.
It’s great using the flywheel concept counting stock value towards the reciprocal surplus when it’s going up, but now its dropped
$7+ since the end of q3, so there goes
$130 M of surplus. 80% of surplus gain in q3 was stock appreciation.
Just my two cents.