My big picture: may not be yours Many opinions being shared here which is great. I don't think anyone here has 'the' crystal ball, ...well maybe Fergus comes close with the candelabra predictions, lol, kidding.
I'm no expert, just an armchair quarterback like the rest of you.
As Doug said in the last video update, "some things are outside his control". He has a $140 million pipeline, which I assume are the tenders he has placed.
Good news is infrastructure money is out there. Bad news, is that it takes time to hit GSI's product line. I look at the cycle and see GSI as near the end of the food chain.
Ridership needs to return. Tracks need to be maintained, stations need upgrades, buses and trains as well, new ones will be purchased and at some point after most transit money has been spent doing the must have things, GSI might get their turn.
I think Doug said that money is slowly starting to fall off the back of the truck.
I don't think that Doug has been deceptive. I don't need to see every sale news released, just the bigger ones. GSI has a lot of smaller recurring revenues and service revenues that aren't news worthy.
I don't like the quarter over quarter revenue declines. I do like that Doug has been a good steward of capital. He has many shares, skin in the game, so obviously is looking to land some big deals.
He comes across as confident and positive. But this is the venture exchange and we are in a volatile market.
Others here are pot committed, I am as well. Good time to buy...but we were thinking that at 50 cents as well. Lol.
Hope the wife doesn't ask me for an update on our investments until this worm turns. Gltal.