RE:RE:RE:RE:RE:RE:RE:RE:RE:CIBC at it againHeynow27,
I am not trying to doubt you, but I would love to see how you came to this statement....
"Right now to complete the massive backlog will actually be a loss for the company." Cheers!
Heynow27 wrote: I understand defending a beloved stock but for those of us that have been here for years it has been very disappointing. They have had the same $1.25 price target for 2 years now. I recently trimmed my position back and invested elsewhere. I'm not bailing on Cematrix because it's a great company with tons of potential for growth and revenue. The problem with this stock is that the cost of revenue climbs as fast as revenue. Once they become eps positive or at least ebita positive then the huge backlog becomes more valuable. Right now to complete the massive backlog will actually be a loss for the company. I do believe it was best for the company to retain employees through the pandemic and over the next few quarters we should see positive cash flow in the quarterlies