RE: What’s the story25 Jan 2022 22:28
Cammy, if you are a Father Ted fan, I would say that is an ecumenical question, and expect a smile. However, having been involved in the capital markets for a few decades a simple rule of thumb is that when markets go down it is a good time to invest more into technologies and companies that will outlast a financial crisis. For instance Amazon was always a good business to invest in no matter whether the financial markets are up or down.
The Fed said it was going to fix inflation by raising interest rates and you would expect that bitcoin would rise, but it has crashed, not because bitcoin is not perceived (no judgement on crypo) to be a hedge against inflation, or that gold would also jump, but there was a drive to US Dollar because bonds went up as the Fed slowed down the printing presses.
My point being that markets are not always rational. If you consider technology for wastewater and drinking water testing for global health will outlast interest rate rises and market crashes and that consumers will always want what is best for their skin, then DeepVerge tech should outlast the current volatility. If not, then this is probably not the share to be invested in.