My first official review due to several paid subscriber requests but this is certainly not my first look into Propel Holdings as I was involved in the IPO way back in late 2021. I’m no longer a share holder and while I consider my time in the stock as successful, I certainly did not get to 4x my original investment had I held on to the all time high of $43 just six weeks ago.
The stock has took a pillaging since that $43 high and is down 40% since. It’s now 10 am and the stock is taking another double digit beatdown on these numbers. The highlights looked decent, so what gives?