TSXV:CYX.H - Post by User
Comment by
skydiver069on Nov 03, 2016 12:09pm
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Post# 25420353
RE:RE:Short Position increases
RE:RE:Short Position increases Fair enough, just keep in mind that this month we should be hearing about their first customer focused LEAFHub implementation, and whether deployment went according to the project plan. If they disclose any negative news of that front, however, then be prepared for another dip in SP. Any doubts about how negative implementation news affects SP, review how Orbite's negative project updates affected the company's SP.
On the flip side, if this is a smooth, simple and productive implementation, then they should be marketing any successes to their benefit so that other entities on the sidelines are drawn into locking down any deal(s), too.
Basic business here.. Product and Sales are everything. You can't just expect the SP to climb w/o just cause, all on speculation alone. Especially for those calling for $1.00/share prices now. To those I ask why Calyx should be seen with a $60M market cap on speculation alone? Let them sell some products, deploy a few projects, and demonstrate they have what it takes to be seriously desired in the marketplace.
Ohh, P.S. Having liquid $$ available for the panic dips helps, too.