RE:RE:no more margin leverage
Yes i think it's a better buy now in the 1.xx range than it was at $3 plus range and either way the future looks very bright for this business if they can finance operations and grow next year. They are now doing better than i ever imagined with this German addition so i'm quite pleased overall.
But i was disappointed in the last two financials with only $4m and the $2m in revenue and without the follow through the share price could not stay up on optimism alone so i figured once it broke 3 it would retrace the rise up back down to where it is now..
As far as big news, no i was not nor do i expect anything big soon but who knows. i think they already put out some big news this year and they need now to start selling. But this is typical of the old electrovaya but hope now they will deliver starting in this Q1 and 1st quarter or their Q2 of 2017.