RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Today If DDC continued to make its current revenue then I absolutely agree that this stock should get knocked down, but let's look at this a bit more carefully.
Most analysts este this a speculative buy. What does that mean exactly? It means that there is a lot of potential but unlike estblablised companies it's more risky.
Let's delve down a bit deeper. The speculative part is obvious the success of the company and with that is revenue. The balance sheet is about as good as you can ask for in a penny stock but the revenue is the part that's still speculative.
They have revenu and customers but not nearly enough yet. Keep in mind that it's current customer could scale up in a significant way should they choose. Doesn't mean they will but by already being a customer and having all the infrastructure, it stands to reason they are very interested and are "prepared to" invest more should their current projects be deemed a success.
On established companies share price is really a bunch of formulas with some accounting for future possibilities. On speculative, early on, developmental stocks like DDC, my h more emphasis needs to be put on, what will it become in the near future.
If you actually waited until 7mill of revenue come in you will have missed the boat as the price of the stock would already have risen well before you got there.
Also keep in mind there are countless tech stocks with much bigger Cap values with DDC that by just looking st formulas are completely unfounded; Tesla, Netflix, Shopify, SpaceX.
Now if you just think that drones aren't going to happen and that the management will bungle things then by all means short the stock.