GREY:XEBEQ - Post by User
Comment by
Newtrader1982on Mar 13, 2021 8:07am
187 Views
Post# 32792197
RE:there is never one cockrooach
RE:there is never one cockrooach
listen reject 1.9 million loss for a customer that can't pay it's bills (possibly) they may still pay in which case it will get added back. 5.4 million for to canceled orders mid build (can they possibly still sell the units to another customer) if they can it will be added back. The revenue at 57 million still shows growth from last year during a year long pandemic. I think the sell off is way overboard at this point 60 percent off the high. Do we deserve to be back at 11 right now absolutely not but fair value should be at least 6.50 right now at this moment with all current information. The worry moving forward will be if the guidance for 2021 will be overestimated as they clearly have done in 2020. If they say 140 million and actually achieve that this is at least a 13 dollar stock. Investors are clearly worried they cannot achieve that but even at 100 million this should be roughly a 9 dollar stock. 17 was clearly way to premature since they are now showing they don't always live up to expectations.