Post by
dileas48s on Nov 16, 2020 8:51am
Timing of Results?
We know that GDNP results will be released some time in November. Including today, that's 10 "Canadian" business days. Next week is US Thanksgiving - how much does that play into the timing of the release of the results?
I'm in the camp where the results will either slightly exceed what was pre-announced on Oct 13 (it's hard to believe it's just barely more than a month ago), or meet those numbers.
As always more important is the next PR to announced an out-sized order, a new product line, or a new business relationship. $0.39 was a great high, but we've backed off 25% from that high and now need a 33% increase to get back there.
I still think this could drop to $0.27. Maybe some lucky investor picks up 10k shares at that level, but one PR of significance and this will be back in the mid-30's easily.
Comment by
KohKut on Nov 16, 2020 8:58am
[/quote Agree and nothing wrong with a healthy retracement after run from .15 cents or so. I'm sure most are long gone now that were in under .20 cents.......trade a position but keep a good stack as GDNP is only getting started.
Comment by
Canoutchie on Nov 16, 2020 9:25am
FWIW my direct investing account with RBC states that the next earnings are expected to be released on the 30th of November, which I believe is similar to the date from last year.