RE:Can't break $1.35You're right. My sense is that investors who purchased the raise may feel overexposed and are looking to lighten up - particularly for those who only looked to acquire the warrants. Selling pressure should increase everytime we approach $1.40. The unfortunate side effect of that is that some investors who are looking at the share price for signs of the fundamentals improving are getting it wrong.
For the first time since the company released its disasterous Q3 last year - I'm confident in the company's turnaround. The core business is stabilizing, the acquisitions are outperforming, and the pipeline for new+more revenue is expanding.
At this point I think the company can achieve EBITDA of between $18 million and $20 million for 2017...AND 2018. I think Q3 will show an improvement over Q2. And Q4 will be very solid. Q1 will also be significantly better than its comparable quarter.
This will eventually get valued properly...but like you said...likely later in the year. But that makes this a great buying op in the $1.30s.