RE:ID will continue to make healthy earnings going forwardFish153 wrote: ID will continue to make healthy earnings going forward. If you do not want to believe, you may sell your shares and watch from the sidelines. I am not trying to convince anyone. Only stating what I am expecting to see as I have decided to be long on ID. Earnings are a decent predictor of company health that is shared among all companies. The other thing is that as companies move from startup mode to public mode to growth mode, eventually they get to the point where they are stable and producing steady income. When it no longer makes sense to reinvest all profits back in the company, they start issuing dividends. So if you see that a company is making healthy earnings, you might buy with the expectation that the price will either continue to go up, or the company will start issuing dividends. It is no-brainer.
You realize this company is not earning anything right? Revenue is increasing, they still aren't a profitable company.