Double win yesterday with $ZURA (+23% from $1.27) and $UAMY (-7.8% from $3.47), and today Digital Turbine ($APPS) plunges -36.9% to $7.13.
What tanked $APPS today:
- Falling margins: Although sales rose 27%, its gross margin fell to 43%, and it froze its full-year guidance.
- Accounting warning: It disclosed -$3.5M in cost adjustments and a material weakness in its internal controls.
- Critical level ($7.00): It opened with a downward gap from $11.30 to $8.29 and has already swept the lows at $7.02 (13.6M in volume).
💡 My take: When a Low-Cap admits to internal control failures, funds liquidate without looking back; every weak bounce toward $7.50 - $7.80 is a zone to hunt for short opportunities.
Will $APPS defend the psychological $7.00 support today, or keep heading straight toward $6.40? 👇
#HotCPIDecemberHikePriced
What tanked $APPS today:
- Falling margins: Although sales rose 27%, its gross margin fell to 43%, and it froze its full-year guidance.
- Accounting warning: It disclosed -$3.5M in cost adjustments and a material weakness in its internal controls.
- Critical level ($7.00): It opened with a downward gap from $11.30 to $8.29 and has already swept the lows at $7.02 (13.6M in volume).
💡 My take: When a Low-Cap admits to internal control failures, funds liquidate without looking back; every weak bounce toward $7.50 - $7.80 is a zone to hunt for short opportunities.
Will $APPS defend the psychological $7.00 support today, or keep heading straight toward $6.40? 👇
#HotCPIDecemberHikePriced
