TSXV:MRS.H - Post by User
Post by
Gringottson May 05, 2021 9:31am
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Post# 33131036
The month of consolidation?
The month of consolidation? As I think about year end and quarterly results, I shouldn't have been as suprised by the stock price's benign response as I was. Pretty much everything that we were told in the results was known. They were just confirmed and made me feel darn good! There were no real positive suprises.
With regard to up coming Q1 results, we already know that we have a significant revenue (40 million. I hope) that has been pushed to this quarter. That is a known. If that is all that happened during the quarter and no other new news is released, I don't think the share will move to dramatically with Q1 numbers either.
However, if we can land a contract or two this month or we report an unknown goodie on the Q1 report, the share price will appreciate significantly. I believe around this time last year, before Buck, we landed the gown contract. The month of May is the month that the US gov hands out many contract, if we did our work and we outbid we will hopefully land one or two fo them. :)
If i'm not mistaken Buck, as CEO, has done many very good things for the company but has not locked in a major sale as of yet. If he were to do so, confidence in MRS would even be that much more enhanced.
If nothing new or exciting happens, I fear MRS will consolidate or drift for a little while longer.
All in my opinion, course.
GLTA