RE:RE:RE:RE:RE:Confusion on EarningsI don't want to be a downer on this stock but I don't see much going forward for the remainder of this year. The financials were not that special. Chip shortage and risinf interest rates.More dilution coming. I am expecting a $12-13 zone to buy in the next few months. If not then there are planty of other stocks to invest in. I don't fall in love with my stocks. Maybe it will get back to $20 by the end of 2023.
Captain71 wrote: Thanks Torontojay, that does make sense for sure. I’m not feeling too good about it though as many investors are estimating future Revenue/Ebita/Earnings all per share to calculate share price. This is evident in the massive share price decline we have seen since the last quarterly report using fully diluted shares. Unless management is expecting a rapid increase in all the above numbers we could be looking at a depressed share price for years.
I’m not trying to downplay the potential here, as I still like the fundamentals going forward. Just can’t understand the logic for these decisions that are punishing instead of rewarding shareholders. Surely they cannot expect shareholders to wait multiple years to start seeing good results again.
Management must have a hidden agenda here, so sure hope they reveal it soon. Patient shareholders have suffered too much already.
GLTA