Post by
HammyG on Jul 17, 2020 7:56pm
Bullish on next week
I feel next week we start to see DOC move a bit.
The two acquisitions that were set to close on July 31st had a stock price set to 10 days prior which would have been today. There would be no reason to hold it down now that these deals are presumably closed.
Also the new acquisition was done at a set stock rate of .70. This alone tells me this is ready to make another step forward. I think as we inch closer to revenues the uptick will continue. Acquisitions wont move the stock upwards short term, however it does build a nice base for later in the year.
Q1 Earnings hit just at the tail end of the covid shutdown, Q2 was in the middle of it; I think we can expect some very solid earnings growth from Q1 to Q2