A NZ broker this morning refers to PushPay and notes that Blackbaud (BLKB) fell 15% overnight, (22% for the week), after a broker downgrade and poor earnings outlook update.
NBR story this morning saying Eliot Crowther misled his ex-wife regarding value of PPH shares. various comments saying it doesn't look good at all, even if there was no misleading. for sure he's not associated with the company now either but..
though i think it almost as interesting that no-one has posted on here for nearly three weeks and yet this was a top 2 pick for 2018 by most participants in this forum's competition.. is everyone out now and lost interest? or waiting patiently..
NBR story this morning saying Eliot Crowther misled his ex-wife regarding value of PPH shares. various comments saying it doesn't look good at all, even if there was no misleading. for sure he's not associated with the company now either but..
though i think it almost as interesting that no-one has posted on here for nearly three weeks and yet this was a top 2 pick for 2018 by most participants in this forum's competition.. is everyone out now and lost interest? or waiting patiently..
The other forum is pretty active on this thread.
Yes, it does look very bad at the outset, however you gotta wonder if Mr Crowther is working on his personal agenda by duping his now ex-wife to settle into her share of sale at an opportunistic price? If indeed he had access to material information about company, the board and management have duty to inform market accordingly.
Disc - have sold half of my holding recently just to balance in light of recent market turbulence.
“while we were taking steps to determine whether we would remain married, Eliot told me that the Pushpay stock would soon be crashing. He told me that the price would soon go drastically down and that our shares were going to be worth very little. Eliot told me he knew this would happen based on information he knew about the company from his position at the company.”
Maybe he did know something?
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
“while we were taking steps to determine whether we would remain married, Eliot told me that the Pushpay stock would soon be crashing. He told me that the price would soon go drastically down and that our shares were going to be worth very little. Eliot told me he knew this would happen based on information he knew about the company from his position at the company.”
Maybe he did know something?
Wow.... Looks like this can also change churches' preferences towards the company given that they are running on a "faith" sector and possibly trigger the share to crash even further.....?
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