Rest of 2020 is going to be nutsOverall I'd say Q2 is largely in-line with expectations. As I mentioned a while ago, I believe Q2 results were already baked into the SP at these levels, hence why there is minimal movement so far today.
I still believe Q3 is NOT baked in...not by a long shot. MMs are going to do everything in their power to shake weak retail investors out over the next couple weeks, but those who have been watching closely know Q3 is definitely going to be worth the wait.
As for these potential test kit deals DM announced, they MUST deliver on these. Everyone thought (including myself) that the iONEBIO kits were going to be a slam dunk for approval within 6wks easily, yet here we are several months later without approval (IMO approval of these kits are irrelevant to SP at this point). Nothing is a slam dunk until a PO is in hand, so I share the cautious optimism with my fellow investors on these huge covid deals.That being said, IF they do deliver... Q4 will be an absolute monster. Not to mention the highly anticipated launch of SMART in the same quarter.
Suffice to say I have zero concerns with my 0.045 avg.