My gut is it's a reflection on the sector & segment (small/micro cap tech) rather than the stock. ADIC, PTIX, PERLF, AXC, tanking prime time - AXC had further strong announcements,
ADIC had rallied to near 20 (too fast too soon, retreated to the 13's, reported an incredible qtr, recovered briefly, now back into the 14's)
PERLF is now near 2
PTIX, just had a record qtr, now even better FA, 18% upward EPS surprise, sold off.
Small cap funds are getting hit with redemptions, thus selling to raise cash, furthering the sector selloff.
I have 3 of the highest networking co's per Zacks, not doing me much good.
VICL, ISIP down substantially from where they were 1 and 2 years ago, despite good clinical progress and good cash reserves (in VICL's case, very good across multiple clinical fronts, multiple major pharma buyin, and no piece of bad news)
I'm too intellectual/normative for my own good. The future of VICL is incredibly better than most of the Inuts. The techs above have far better FA than the S&P & are projected to grow must faster. I don't do index or Inut because the #s don't add up.
Better go to sleep - guess I can't add. Scott |
