GREY:TSTIF - Post by User
Post by
Metalsguy1on May 04, 2016 2:34pm
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Post# 24841506
Nice numbers for Q1 but....
Nice numbers for Q1 but....As Rumble stated in the call, we should not "expect" to see the same numbers delivered in the 2nd quarter.
I think they hit the nail on the head in the discussion about the institutional investors. The goal has to be growing the company to get more institutional investors in. The valuation is clear but if they have a table full of very large institutional investors, they are going to want a full 7 course meal, not just the main course or an appetizer.
Without some big buyers driving the price up, the retail market for TO just doesn't have the strength anymore to drive the price up and stabilize it.
Great call.