OTCPK:RKNLF - Post by User
Comment by
fruitfly2on Apr 30, 2014 2:26pm
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Post# 22508637
RE:RE:miracle
RE:RE:miraclewell about 5 analyst have coverage this quarter and the general concensus is revenue for the quarter will be $59.9 million...due to the lack of contracts (and their overall quality) in the first 2 quarters i suspect that rkn will miss the $59.9 mark, thus market sentiment will disapprove and their will be a general sell off on their shares. I believe this is currently happening now.
now if rkn does hit the $59.9 mill by way of back orders and shrinks their back order revenue, well the outcome will stll be the same.
the game now is to sign up new contracts and renew old contracts...which doesn't appear to be happening. Its hard playing with the big boys, when you are the small new guy on the block.
However the lower share price does make them a much better target for take over.