RE:Markets move higher while GUD & Mugsy bite the dust Have a look at the new investor presentation and it may shed some light on what you asked about the decline.
Things have changed in the product pipeline. Increased sales will come this year from the new drug approvals .I count 17 new revenue streams. I think I am close.
Sales should be excellent. 320-340 ish?
Processes should help strengthen margins .
The market looks to be improving .
They do need some additional advisors to pick up coverage on the stock in my opinion. None of the public has a clue what Knight is or what it does . The forecasts that the current group give are not even close .
The current price is cheap. It does take a strong stomach to add.
Insiders are actively buying and buy backs look to be continuing.
First quarter is done and should point the way we go. Earning should be out in the next 3 weeks.
Thats all I've got.
Time will tell.
https://www.gud-knight.com/wp-content/uploads/GUD-Fact-Sheet-1-2-23.pdf