SteveO48 wrote: code3guy wrote: It's a buy! Ignore anything that is posted by a fruit. Good luck
Yes, and I would go as far as saying, its the best long term growth opportunity on the TSX and NYSE. But that's just me... do your own DD and base it on.
Industry growth prospect.
Current valuation... there is nothing cheaper in this space against its projected growth... PEG at .48... price to sales = .89... current PE 5.30.
Aquisitions... once just announced. Others in the pipeline.
Unique marketing approach and business model.
Strong balance sheet for its size.
Large insider base. Strong, loyal shareholder core.
Short interest is still quite high... they'll need to cover sooner rather than later... reason... seasonal strength for operations is Q3 but especially, Q4.
90% timely AR collection rate.
Short sellers took the SP down late last year. Management had a couple of misteps due to late reporting mainly due to new auditor... but yes they are responsible. Last quarter came in with good results, better than expected... with issues behind them and as shorts need to cover, it should make an interesting time between now and the end of the year. Not predicting but can almost guarantee very positive returns from here... my opinion but do your own DD and yes, in particular don't listen to the paid monkey bashers especially with one that is named after a fruit!! LOL!
Nice to see the Longs back on this board... shorts have run their course and will be gone along with their BS and misinformation. Challenge management and ask good questions but be truthful... Long and strong!