RE:RE:RE:RE:BNN Market CallCdnMicroCaps wrote: JOHNNYBOYO1 wrote: Could still be a good long term play just turns out there is a lot more waiting to do. 1 big US contract and things will fly.
If this stock gets much weaker, I plan to load up the truck and hold it for a 700% up move. It did it before, it can do it again. The stock is certainly getting cheap enough now and it's a much, much better risk now than it was when it's annual revenues were less than $8 million (the stock was trading at above $2 at that time). It's current revenues are about $75 million and it's trading at $0.79. Talk about a bargain! I don't trust this market, so I'm waiting to buy more just in case the stock keeps going down further.
One big US contract with a big state could double their sales. Add to that the fact that hundreds of Grande West buses currently on the road have had their warranties expire, the aftermarket parts business is going to cause their profitability numbers to skyrocket.
Well said. A key part of investing is finding adequate risk vs. reward. A business can be great but if it is priced to perfect (see Dollarama) we know what can happen. BUS is at a very attractive price today to see some potentially huge upside.