RE:Summer lull is about to startHistorical trends won't necessarily apply with this sector Trans, the 'go away in May' would have seen a material jump in SP for FIRE if they were to have been close to expectations for last quarter and that will be the case when we start to see sales start to hit target levels, no matter what month of the year.
I agree these sales volumes are bullshite but the part that boils my bag is that there is no clear justification for sales volumes to be this low for the last 2 quarters, they are slow walking this for a reason just like 3yrs ago when they were not ramping up to get as much product out the door as possible and not even in rush to get grow area approved?
With what they have put together to date, with the excetion of sales, they have put together a top shelf resume....they can't be planning on holding sales back for much longer as they are adding payroll and other expenses that will only be a non issue with revenues to offset. This quarter has to see those sales improving and there is no apparent reason to not see a double or close from here, with this $2-3mil per quarter they can't survive let alone grow...they will get 'er, it is insanity not to, JMHO....Opt
theTransporter wrote: and if this company cannot get to $2 within the next two weks of May, it will be stuck trading between $1.60 and $1.80 for the remainder of summer and maybe, just maybe, it will see $2 again in the fall.
History repeats itself. It's dejavu with this stock. Three years doing absolutely fuc.king nothing.