Recent financials and contract Can’t argue what’s on our screen… it’s ugly. Probably only longs buying right now. $250k contracts won’t draw in new investors.
With all that said, I was pleased with the annual financials. What I find interesting is there is a lot more revenue being booked than I’m seeing in news releases. What this tells me is GSI has a lot more unknown revenue than we realize. That’s why I find these 250k contracts meaningful. Also interesting is Doug is clearly giving us no details on who and where this deal is from. I am actually more intrigued by the vague NR’s than the detailed ones. Makes me think such deals are of greater fundamental significance to the company.
Lastly on septa, at this SP it’s as if the market is banking on no future deal or deals with any of the discussed transit authorities or the related projects. For me that’s crazy and given the opportunity I will be adding to my position. If this was a debt laden, no-revenue generating micro cap that was talking about transit authority deals in the tens of millions, maybe I’d hesitate buying more shares. but GSI is far from that. I’ll be humble and not comment on the present SP, again, I can’t argue what’s on the screen.
GLTA