RE:RE:RE:RE:RE:RE:Think Equity Conference talk - positive? same story?Not sure how PYR is surprising, they actually gave information about the expected contract. I'm sure if CZO actually gets a contract of $50-$70 million, the share price might go up 10%-15% like PYR.
All CZO investors know is that 2017 will be a transformational year and the company will have a significant PGX deal by the end of 2018. Still waiting on something to actually happen (and no, mentioning a possible "major event" doesn't count).
Also trying to value companies by a multiple of what they spend on R&D may not be the best investment strategy...
digitel wrote: "Expecting Q1 results shortly in about two weeks or so as last year they were released on May 17.
So if the revenues start improving we could finally start to see a turnaround in the share price."
The quarter-to-quarter profitability of the base business is a distraction in the context of the potential for deals and given the market cap. The financials should be looked at on a rolling 12 month basis. At a $30 million market cap the stock is trading at just 11.5 times what they spent on R&D last year. The stock is ridiculously cheap and is already punished for its lumpiness.
PYR just reported a terrible quarter but the stock surprised many and went up because of an expected major imminent deal.