Post by
Dartmam32 on Apr 01, 2023 8:44am
Q 4 Coming
We will see the Q4 numbers (for October, November and December 2022) come out this week. Karen has been very quiet going into this release and that should tell you that the numbers will not be good. The number that I will be looking at, is the cash on hand and the cash burn. I hope they still have lots of cash left. The rest will come. The call afterwards will be interesting, as to what she says and can say about the remainder of the year.
If you have been following my posts over the lasy year, I have repeatedly said that if you are in this for the short term you should sell and move on. You will only keep getting frustrated, asking for Karen to be replaced or writing stupid stuff on the bullboards.
From talking to two large shareholders that are close to the company, I am being told that the Q1 numbers( January, February and March) will be the first sign that things are starting to work out. These numbers should be released about a month after the Q4 numbers. So probably early May. Followed by Q2 in August and Q3 in November. I am being told that as we get closer to the May numbers the company will start to open up with a lot more news and much more shareholder communication. Its obvious that as the numbers start to improve mangement will want to start speading the news.
So, in closing I would just warn you not to panick and start screaming when you see the financials this week. The sun will start shining for you if you are just a little more patient.
Comment by
butchtennis on Apr 01, 2023 4:28pm
On Thursday, Blackberry came out with their quarterly earnings...they were weak....$476 million non-cash, goodwill and long-lived asset impairment charge. Despite that, the stock went up 14 % on Friday. Do you expect more impairment charges for DOC in the fourth quarter?? As well, is all the bad news already priced into DOC'S stock price??...
Comment by
butchtennis on Apr 02, 2023 11:36pm
I was told by investor relations that they won't need to raise more cash. I expect they will have between $30--$33 million available cash.
Comment by
Dartmam32 on Apr 02, 2023 11:39pm
Wow. That would be great! Thanks.