RE:RE:RE:RE:Tough To See Tax Loss Selling Take The Price DownThe inventory build up is to get them through until the month of March because there's a ~4-5 week lead time on their major components, e.g. the LTE-M chip, and their Chinese contract manufacturer shuts down for almost of all February (as do all Chinese companies) due to Chinese New Year.
There's no question in my mind that they have commitments for large orders or have already received some of those large orders.
While the stock price is languishing right now, it will be tough for investors to ignore strong financials results to come and announcements of new large orders. The stock price will eventually reflect the business value.
Canadian_101 wrote: Keep in mind that they may be expecting some large orders that will need to be filled, or allready know the order is coming just waiting for the purchase order ( been there many times as a sales manger) and had to raise of cash to have the equipment on hand ....last thing they want is to close some large sales and not be able to deliver ...not sure if your familiar with Relic Health Technologies but thats exactly what happened and it killed their stock price, its seems that the management team has done a good job so far with their decisons. With all the partnerships and distribution agreements in place I woudl assume they should have some sales momentum going forward.