Now it is trading like an ITS firm
REKR (6%) New 52 week low
QTRH (5%) - $0.25 from a new 52 week low
ITI (2%) New 52 week low
Now you might be wondering, there is no way that the stock can go below $2.00 after they just signed Apple!? Please tell me it won't happen!
The stock is now a growth oriented ITS firm that has major growth expectations built into the price target. Brett has to deliver 50% growth this year just to stand still.
You need 75% growth to get to $2.75 this year. Those results will be telling.
No growth is a $1.50 stock. 75% growth and it is a $2.75 stock. "Hold" is a generous verb here.