GREY:CLRYF - Post by User
Comment by
Wallstreetjackon Sep 20, 2017 11:08am
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Post# 26719446
RE:RE:Clarocity Announces $4.7m Contract Extension with USDA
RE:RE:Clarocity Announces $4.7m Contract Extension with USDA If these guys were $10m the last 12 months who cares? So if this company does $10m in revenue in 2016 and then they announce one contract for the year for an ADDITIONAL COMMITTED $5m who cares?
Who cares about 50% growth in revenue from the addition of one contract?
You know they did $6m total last year and are closer to 7 IN THE FIRST HALF of 2017. That's on pace to more than double last year, and the year isn't even out. Does it matter as an investor whether its per contract or a bulk sale when the press release states it's a committed amount? Again, we go back to commercially sensitive vs. material information.
While I agree, as an investor it is always useful to have reference points and hard stats to point to, is it not possible to just enjoy some good news?