Intermap has been a beast since their mid summer low of 44 cents, rising as high as $2.83 in the new year for a six month six bagger if you bought the low and sold the high. But since January 23rd the stock has lost one third of it’s value.
Intermap curiously dropped their earnings release last Thursday, only to release their actual financial statements after close last night. While telegraphing that move, that unusual cadence saw the stock slip by 13 cents or 7.8% yesterday as investors perhaps became a little nervous not seeing the details after what appeared to be bullish headlines and guidance last week.
Multiple requests for this one from paid subscribers for which will be my first published review of Intermap.
All amounts in USD unless otherwise noted.