Loop Insight downtrend

Hi there,

If you can't find any it is because volatility has returned to the market. Of note, I took a look and there has not been any news of note to justify the drop.

Small caps are getting beat up in this environment as investors are becoming more risk averse. Loop in particular will be volatile as it has no proven business model. It has yet to report a dime worth of revenue as a publicly listed company. This will make it more volatile than most. This is one of the reasons I tend to stay away from any company that has yet to prove its business model. They may yet be successful, but it is very difficult to say if they can turn concept to a financially viable company - adds much more risk and thus volatility.

Mat

Hi there,

If you can't find any it is because volatility has returned to the market. Of note, I took a look and there has not been any news of note to justify the drop.

Small caps are getting beat up in this environment as investors are becoming more risk averse. Loop in particular will be volatile as it has no proven business model. It has yet to report a dime worth of revenue as a publicly listed company. This will make it more volatile than most. This is one of the reasons I tend to stay away from any company that has yet to prove its business model. They may yet be successful, but it is very difficult to say if they can turn concept to a financially viable company - adds much more risk and thus volatility.

Mat