I'm not sure it will. I took a QUICK glance at it
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Posted On: 08/18/2018 10:44:55 AM
I'm not sure it will. I took a QUICK glance at it last night and will look at it a little deeper tonight, but from what I saw it was positive growth from last year. We've had some dilution which already sank the stock price so I think that was already baked in.
Since the major deals we have aren't actually on this report there should be some massive anticipation for the next quarter. If we had some struggling financial data in this one, that would sink the stock price further because of uncertainty going into the 4Q.
This shows that the products are doing well so far and it should only get better. We also have that looming lawsuit which I feel like is holding us down a bit. The team is likely setting up a trifecta with the 160 stores launch, Mexico, and settlement/win from the lawsuit. That should get this bad boy popped up to at least 5 cents by the end of the year. 400% ish gain from here is a hell of a return.
Since the major deals we have aren't actually on this report there should be some massive anticipation for the next quarter. If we had some struggling financial data in this one, that would sink the stock price further because of uncertainty going into the 4Q.
This shows that the products are doing well so far and it should only get better. We also have that looming lawsuit which I feel like is holding us down a bit. The team is likely setting up a trifecta with the 160 stores launch, Mexico, and settlement/win from the lawsuit. That should get this bad boy popped up to at least 5 cents by the end of the year. 400% ish gain from here is a hell of a return.
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