I agree that the over enthusiastic revenue predict
Post# of 1425
(Total Views: 483)
Posted On: 04/15/2021 7:20:48 PM
I agree that the over enthusiastic revenue prediction was not helpful to the current share price. These things happen in all size businesses.
The current share price, though annoying, I'm guessing is more of a knee-jerk than anything and in the long term, not really that important . Create shareholder value via revenue growth and the share price will follow.
Common sense business that has been the norm for who knows how long.
The current share price is important if you were trying to flip it, looking for the quick buck from swing trading it or looking for any reason at all to bash the company by keeping people focused on it.
On the plus side, the lower share price has given me the opportunity to buy more...
I'm ok as long as I see revenue growing. An approximate 250% YOY increase is nothing to be sneezed at.
Though hopeful, I am a bit hesitant about the 10 million revenue prediction unless I see something solid to support that kind of of revenue growth in company communications. In the current world and business environment it's kind of hard to make accurate predictions, especially in a small, growing company.
Based on the DD out there, the potential is certainly there, absolutely no doubt about that if the company can execute .
Even another 250% increase would put revenue at 6.2 million for this year. Not too shabby at all. We will see what happens.
Just keep doing your own DD. Best way to come up with sound investing decisions
GLTA
The current share price, though annoying, I'm guessing is more of a knee-jerk than anything and in the long term, not really that important . Create shareholder value via revenue growth and the share price will follow.
Common sense business that has been the norm for who knows how long.
The current share price is important if you were trying to flip it, looking for the quick buck from swing trading it or looking for any reason at all to bash the company by keeping people focused on it.
On the plus side, the lower share price has given me the opportunity to buy more...
I'm ok as long as I see revenue growing. An approximate 250% YOY increase is nothing to be sneezed at.
Though hopeful, I am a bit hesitant about the 10 million revenue prediction unless I see something solid to support that kind of of revenue growth in company communications. In the current world and business environment it's kind of hard to make accurate predictions, especially in a small, growing company.
Based on the DD out there, the potential is certainly there, absolutely no doubt about that if the company can execute .
Even another 250% increase would put revenue at 6.2 million for this year. Not too shabby at all. We will see what happens.
Just keep doing your own DD. Best way to come up with sound investing decisions
GLTA
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