Pinned straw:
AEF Building their position.
Could be due to the company's impressive 26% ARR growth, a stable bottom line, a substantial $12M cash reserve, and zero debt.
Seems like a decent proposition to me.
Disclosure: I hold.
When I saw this I thought of these 2 charts
Source: Marketindex
Jury still out if AEF is a good small cap picker, but I agree it is encouraging.
AEF having a relief rally after being sold off from $5 when expectation that the central banks may pause future rate hikes turned out to be not true.
Back to PRO. Not sure if I would hold PRO given the programming clout of the major BI developers (Oracle, Microsoft etc). I'm sure if they saw value in what PRO were doing they will introduce their big whale developers and eat market share. I hope for all holders and followers of PRO I'm wrong though and they can quietly add value unimpeded.
Update: PRO down 5% 10 oct 23