After Alarum ( ALAR -22.65%↓ ) only knew one way, which was straight up, one of the risks that made me not (yet) invest in the company seemed to have materialized. To be honest, I would’ve established a small position if the stock wouldn’t have gone up so fast. At below $30, I’d have bought in. Then, the stock went up so fast that it became too expensive for me.
Despite that, I was tempted to buy, but fortunately, I stuck to my strategy and considered the unknowns (especially about the product) too high to pay more than $30. But now we’re back below $30.
So here’s the question: Is there a new opportunity now after the >20% drop?
(Off-topic: I’ll also release a new write-up on an interesting opportunity soon. Don’t know if in a week or two, though)