Post by
KnowledgeSeekr8 on Apr 10, 2023 11:25am
New high again today and big Volume!
Wow this thing is really picking up traction in a very uncertain market, its pretty imppressive
I did sell some blocks today as I said I was going to do about 13,000 shares between $2.75 & $2.82 and I'm feeling good about it. It's nice to finally get some funds out of this rather than always needing to throw more money it it to average down waiting fo this to happen.
Next selling block for me will be between $3.00 & $3.10, then I'm letting it ride for a while to see if we can get over $5
Enjoy these times all
Comment by
lscfa on Apr 10, 2023 11:35am
The combined impact of the two scenarios caused our Equal-Weighted Target Price (1 year) to increase to $6.02 from $4.44. However, until the full 2022 financials are released or the merger closes, we are maintaining a Buy rating and a one-year price target of $4.50. https://eresearch.com/wp-content/uploads/2023/03/eR-DCM-2023_03_10_UR-MA-RRD-Can-FINAL.pdf
Comment by
lscfa on Apr 10, 2023 11:40am
"We assumed the merged companies could reduce operating costs by $13 million in the first year of operations, starting in Q4/2023." Co. has not disclosed this yet but eResearch is paid buy the co. so probably got fed this info.
Comment by
Torontojay on Apr 10, 2023 12:10pm
My $3 call a couple years ago is finally making sense :)