RE:RE:Re: Dirt cheap I think the market in general is testing a lot of people's patience, GSI shareholders included. We were bound to have a pullback. Even good news wouldn't have sustained the $1.30sp for long. The fact is GSI had a record first half in 2021. Revenue's plummeting is nonsense, but are they going to keep up with 2020? That is speculation based on contract news.
Most of us are investors here and if you believe Gatekeeper will land some of these big contracts from the Pilots in BC and ON with Stop Arm, or TO Lane Infraction contract or Septa or, you're probably holding. If not, then I have no clue why anybody would still own this stock and likely many here no longer do.
I think some people obviously have unrealistic expectations for contracts especially during these unprecedented times. GSI has probably submitted dozens of proposals, but landing these contracts will take time. Governments don't move very fast. When TO says they are going to fast track technology, that tells me 12 - 24 month time frame as opposed to 3-5 years. If you look back at their meetings, this has been in the making since prior to 2017. It took 4 years for ON to pass the legislation.
Frustrated, I can understand but more patience needed with this one. Doug might just surprise us as he's done before.