RE:RekorI can't figure REKR out; I had a small position but sold out last week having made a few bucks. Too many games.
REKR has about $4M revenue per quarter and EBITDA of -$12M per quarter. Revenue growth, Q/Q, is very slow, although REKR claims to have many POC installations in place. REKR's cash and receivables at 9/30-22 was ~$12M. That does NOT justify a $120M market cap. Although REKR claims its product is differentiated, it appears to be similar to IRD's iTHEIA that is used in the New York state contract announced in 6/22.
Today, REKR has a low of $1.85 and a high of $2.23. That's quite a swing and one where money can be made, but one that is ripe for manipulation.