RE:RE:RE:RE:RE:Can anyone explain this movement in share price?It's really good to see the various opinions about why the stock is up considering how far it went down.
Here's a post to remind us of the fairly recent past. I was a little early but not much.
August 06, 2020 - 03:30 PM
264 Reads
Post# 31374992
Massive hit on revenues ,but.........
This quarter our revenue declined by 86% from $7.34 million to $1.03 million
The press release is very well crafted . Bad news upfront . Followed by snippets of good news including cash flow neutrality and higher cash balance , new contracts .
Probably won't move the stock prie today or tomorrow - small cap news lag ,but possible idiot feels ,this was the bottom ( hard to believe it could get worse?)