What gives? Announcement after Announcement after Announcement and the stock still does nothing
Now investors see that the ETC business isnt a Transcore like business. It sells a bunch of 200-300K / year profit contracts.
And what is with the language for IRD around these unlimited task order contracts? What the hell is this? I thought this was a tech company, not a bunch of labour performing tasks like a premium task-rabbit company. That is all to show for with all that debt added on the books and 2/3 of the ETC purchase price as goodwill (aka Align Capital renoflip profits)
The stock is already priced for perfection. WiLan sold to an unsavvy buyer for $150+ and ETC growing profits at 75% this year. Anything less than that is disappointing.
So good news is nothing. Bad news is..........