Adcore Inc.

Adcore Inc. - ADCO . TSXV

This is what I thought in May 2020 when I first bought the stock...

Adcore is a small technology company in the fast-growing online advertising space. Their software platform offers a variety of analytics and other tools that help advertising agencies service their clients. Sales had been growing quickly and the company was solidly profitable. The coronavirus derailed customer ad spending and my hope was that this was putting a lid on stock price gains. I bought into my position at a price of 70 cents. Using my projected earnings of 7 c per share this gave the stock a not unreasonable p:e of 10 for what could turn out to be a high growth company in a rapidly developing industry.

What's changed since I made my first purchase of this stock? Follow the ongoing story in the posts below...

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