RE:RE:RE:RE:RE:RE:RE:i will buy at 3.50, no supportFirst let me apologize for my mean spirited post a while back. Apologies to the person I attacked.
Yeah the air has really come out of this balloon. It's all about execution at this point. The company needs to continue to win new business and ramp product sales if the stock is going to move meaningfully higher. Gross margins remain solid, but those agency costs are really eating into the bottom-line. They need to demonstrate they can sell elsewhere and start growing profits again. The US business has some momentum but is still relatively small. I'd like to see a return to $8M or better in overall Q2 revenues.
Growth stocks rarely go up in a straight line. The momentum can return if the company continues to execute. I have owned this stock for 3+ years and have no plans to sell. Of course all that would change if I didn't feel they were going to execute their plan, but for now I still like the direction this company is headed and the products in the market and in the pipeline. Hopefully this finds a bottom soon. Best of luck to all.