Future revenueSome of you are thinking AI is the main thing and I agree. Some of you think the covid revenue is going to go down from now on due to higher vaccination rate and I disagree.
Don't forget covid test kits are still hot, if you read their FAQ section on their website, they say they are trying to sell test kits worldwide including Middle East and India. There are not many people in India, only 1.3 billion people.
This is from their website, FAQ section:
"
Are you able to update investors on your sales pipeline, regarding the testing kits?We have been working closely with multiple resellers around the world, including Europe, India, Asia, the Middle East and North America. Keep an eye on news coming out. As soon as we get purchase orders or new/renewing contracts, we disseminate the news." If we make a deal selling kits to one or more countries we will receive pretty good revenue. Covid is not going away, infection rates are going up in Japan and South East Asia, North America, everywhere, the new variants don't care if you are vacinated or not, so testings are STILL NEEDED.
I don't think covid variants will just disappear when people like them to disappear, I think we are in for a long time, virus keeps mutating and on and on, even today we can see remnants of 1918 Spanish Flu in some samples of flu virus, did Spanish Flu disappear after two years? Hell no, Spanish Flu had sporadic outbreaks here and there after 2 years, so I say testings are not done yet.
Here's more about Spanish Flu, it didn't really go away.
https://www.washingtonpost.com/history/2020/09/01/1918-flu-pandemic-end/
It's possible DM will come up with new test kits to test normal flu, I don't know, I am thinking if covid becomes less deadly we will still need more testings.
Of course I hope there will be drugs some day to treat covid............
I am not done buying yet, if it goes down more I would be celebrating.
The above is just my opinion and I can be very wrong.