GREY:ESPAF - Post by User
Comment by
James44on Oct 10, 2018 5:37pm
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Post# 28776748
RE:Positive news drags stock down
RE:Positive news drags stock downI don't understand it. Is this not a new customer? Was WOW! already subscribing to Espial's services and this is merely a renewal? The share price drop definitely doesn't make any sense if it is a new contract. That is a lot of new custpomers. Analysts are projecting (as of October 6) -.02 earnings per share on November 1. new subscriptions plus a strengthening balnce sheet should produce increased share price.
We're 3 weeks away from earnings. I know "Further" mentioned the possibility of low revenue from the SaaS side, but I'm really hopeful that we will receive some much needed positive news.