How will the market react to this no future guidance There things to take note:
1. No future guidance
2. Steady growth mentioned as opposed to accelerating growth that was used to imply
3. The wording implies on-boards has not picked up pace as originally planned during the pandemic
One of my previous post yesterday said
“Previously I mentioned that the fair value of the stock is around 0.225 based on Q2 revenue of 400k. While lately the stock was trading in the range 0.35-0.4 it already priced in the 50% to 100% growth for Q3. If Q3 meets guidance (600k+) and Lisa reaffirms the same guidance for coming quarters the stock will have a V shape recovery to 0.6. If Lisa concedes on-boards will have a slow start beginning in June and will not provide future guidance then 0.22 here we go. “
Is it going to happen as I said? The SP will settle on the revenue in Q3 financial on June 1.