Jun. 8 at 3:30 PM
$TOST imo, this stock is too easy if a target for manipulation. Lower volume, tied to the restaurant industry, linked with SaaS stocks, etc etc.
I absolutely love the company. I use it at two of my locations. I have conviction in the company. I just cant stomach almost a full year of selling pressure when the fundamentals and earnings reports have all been positive.
One day this stock will turn around, with vengance.. but its been beat up so hard, and relentlessly, with no end in sight.
Every day I watch how closely this trades with the software sector IGV, among others, and I notice how TOST will trade down with them every chance it can, but wont always trade up. The shorts and manipulators of this stock use every avenue to leverage against this stock.
Hopefully things change soon. I wont tolerate this going below 20. Thats my exit if it does