TSXV:MRS.H - Post by User
Comment by
momentumstockson Dec 05, 2021 4:29pm
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Post# 34200391
RE:RE:RE:RE:Monday + rest of January ...
RE:RE:RE:RE:Monday + rest of January ...Point well taken, Ciao !
But, you know as well as I do that when a company is in a niche market and your client s are the DoD, gov't agencies, etc. all fundamentals are thrown out the window and stocks trade high on the mere possibilities of growth prospects. That's why some companies trade at 10x, 20x multiples of future earnings and more based on future revenues. There are no rules !!! Fundamentals do not play a big role as they once did. Investors are always on the lookout for the next Amazon, Shopify, Google, Apple, etc. We don't know what this monster has in store for us but I certainly do not want to be chasing with the amount of money and contracts that these agencies COULD be throwing towards us. I bought last week and will buy early tomorrow morning once again. Ducks are aligned and I love this company's direction, as well as who they are in bed with ... JMHO
Keep in mind that MRS has already broken through barriers with the signing of contracts. And, this last NR of $250M only serves to create more euphoria knowing that they are not hoping to corner contracts, but they are actually able to carry through on product integrity and demand. That's the difference with MRS, I believe !
Tomorrow will be interesting but I'm looking way past that !