My ExpectationsFor those who liked my posts know of one thing lacking in it - froth. Right now my expectations is based on what is the best I like about and worst I hate about.
I hate about is what you hate as well - total opaque in business and company operation. I hate about the company not trying to restore shareholder values promptly IF they actually have the knowledge of substantial positive development. My worst hate about is IF they actually have no substantial positive development and yet try to mislead with the mentioned 500k+ in the pipeline and $50k worth of bought shares by the ceo.
I like about the share price currently priced in for absolutely no growth and is solidly supported at the 0.21 and that is proved many times this year as the pivot point. I believe we see this level IS the bottom. Trading below 0.2 means the market expects the company is going to fold unless something positive comes to rescue. I most like about is IF they are buying time to gather as much steam as possible to head for an impressive or breathtaking announcement.
All my “hate about” is based on past behaviour of this management. We take it as no news means no good news. So if all my IFs in what I hate about turns out to be true then the company is truly in a confidence crisis like in 2018 and I will call it uninvestable. The management should be aware of the consequences and the collapse of the company they are building up for many years. Having said that I cannot imagine this scenario can even remotely happen as the company is not in such a shaky position as in 2018.
All my “like about” is based on the price history of this year. Fundamentally, to be conservative my expectation of the coming quarterly financial is about $500k with 10% growth rate (previously was $460k with 15% growth rate). Using a mid range price to sales ratio of 15 the current price trend is somewhat supported. I expect the downside is very limited. So using this as the base, if my IFs in what I like about turns out to be true then the company is truly going to fly in 2021. The market asks “where is the beef?” before believing it then it is still fine - just let the company hand them the plate. Time will tell. But my thesis is reason enough for me to hang on for the dealer hit me with the last card.