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OTRK - what the heck is happening? Down 35%

Posted on 3/1/21 at 7:56 am
Posted by supadave3
Houston, TX
Member since Dec 2005
30250 posts
Posted on 3/1/21 at 7:56 am
ONTrak was up to $80+ a share just a short time ago. It dropped around 20% last week but so did a lot of other things. It been halved overnight.

What the hell did I miss?
Posted by castorinho
13623 posts
Member since Nov 2010
82024 posts
Posted on 3/1/21 at 8:05 am to
Posted by TheChosenOne
Member since Dec 2005
18518 posts
Posted on 3/1/21 at 8:07 am to
They announced this morning that they lost their largest customer.
Posted by funnystuff
Member since Nov 2012
8330 posts
Posted on 3/1/21 at 8:13 am to
Yep, that’s always gonna do it for a smaller company like this.


I very nearly sold out when it hit 90 a couple weeks back, but got to greedy and wanted to take it to 100. Missed opportunity,

So at this point, it’s a hold for me. I still like the service they offer and believe there can be a huge demand as awareness grows. So with the low price, this just became a hold and pray for me. And it helps that I got in last March, so I’m still up like 200% after the drop.

Even still, this one stings given how close I was to pulling the trigger. I’d almost surely be buying more shares now had I originally cashed out at $90.
Posted by supadave3
Houston, TX
Member since Dec 2005
30250 posts
Posted on 3/1/21 at 8:17 am to
This is a perfect example of why I need to be more active in pulling out original investment.

I have three entry points.
$38
$57
$77

Thank God the vast majority were at $38 and $57 but I’ve never sold a single share.
Posted by High C
viewing the fall....
Member since Nov 2012
53782 posts
Posted on 3/1/21 at 9:24 am to
quote:

I need to be more active in pulling out


A lot of people do.
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