RE:Guidance Q1 - flat core revenue/lower covid salesThe reason this stock is not recovering is because it is mainly owned by short term retail traders. They have guided for less revenue next Q and for short term traders that means dead money for awhile. So they move out of the name and put money to work else where. PTQ is a volitile penny stock and a trader. That is reality.
So of course there would be a selloff. Less revenue has been guided for Q1,. So what is there to get excited about? Zero revenue growth predicted.
"The Company expects to generate net revenues attributable to its core business of approximately $25.5 million to $26.5 million during the first quarter of 2021. In addition to its core business, the Company is continuing to pursue additional revenues related to the COVID-19 pandemic and estimates first quarter 2021 revenues of approximately $2.3 million to $3.3 million related to the COVID-19 pandemic. Total revenues for the first quarter of 2021 are estimated to be approximately $27.8 million to $29.8 million."