Alarum Earnings Update - Insane Rollercoaster
I wanted my next article to be Stock Pitch #9. Unfortunately, it‘ll take me some more time. But this reaction to Earnings couldn’t wait.
A couple of weeks ago, I established (and, of course, notified you) a position in Alarum after a price drop based on rumors that did not turn out to be a real threat. Within a couple of days, Alarum gained over 60%.
Today, they released earnings. Before I read the earnings I saw the stock… It was down 25%. Just like last time when I. Initiated my position. I first thought, „Shit! They must‘ve completely missed on earnings.“