RE:THRM - .30-.40Cents?? SAY - .16 Cents!!!!?? Sometimes the markets don't make sense, GoldEye ....and that's a serious explanation. The other encompasses the graphical, historical and ...in this case the test devices potential to generate revenue (speculation).
SAY has had a decent revenue stream in the millions which they have reinvested in the future ....which has finally arrived ....thus the longterm upside and a sp that sits 300% higher than it was 11 trading days ago. While it's welcomed by those investors who have had the stock for a while it may be irrelevant to those who bought on the incredible uptick.
The covid play by SAY was a complete surprise, the positive fallout of which we'll see over the next few weeks. So, the sp languishes around a still incredible $.18 while shareholders wait for news on it and other developments.
THRM (and I am invested in it as well) isn't soaring at all. It did and those who bought on the way up to over $1.00 have watched the shorters absolutely mangle the stock while investors also wait for news. It rose to those levels because it has the "potential" to be a game changer and in some respects ran on the coattails of SONA (how not to manage expectations).
In the end it is incredibly difficult to compare stocks solely on a covid test device play. The tests are all different, they have the potential to support different niches and most of the companies are not just involved with covid.
ALL indications are that Sparta is still a great company to HOLD a position in ...just have to remain patient. Morningstar's Fair Value sp is still at $.22 ....a great target to shoot for in the near term.
Cheers and GLTY!!!
GoldEye99 wrote: Why SAY is sitting at .16 cents is beyond me with Health Cananda approved rapid Covid Test kts.
THRM is still in trial testing and stock is soaring.. scratching my head.