GREY:ESPAF - Post by User
Post by
James44on Nov 05, 2018 9:26pm
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Post# 28928181
One day....
One day....Soon this stock will do well. I think Barney is right in saying that the marijuana business is having an effect on the number of buyers investing in small cap companies. The financial status plus the most recent earnings of this company should have the share price significantly higher than it is now. And I think it would if there weren’t billions tied up elsewhere. Even without any new contracts, ESP should make 3-5 million profit in 2019. Their Saas contracts are rucurring revenue and contain many clients who have not switched over yet. Those clients will bring new revenue. Plus the 2 big recent saas deals. They may also raise their per/client pricing, which is currently on the low end. Next quarter will be good, but 2019 will be great. Any new contracts or big increases in clients for telecolumbus would be gravy. The problem is, no one cares about this company at the moment. So, do I let all my money ride, or take some out temporarily to do other things? I don’t know. I’ve waited a long time already and I think we are closer than ever. Plus, there is the real possibility that we could be bought out. It might be in a year or two, but it might be in a month. You never know. I’ve said this for a few quarters, but I think I’ll wait for one more before selling a portion of my holdings. It is driving me a bit crazy though.