RE:FY2024 Targets Hey Jah, Happy New Year.
As I've said before, 2024 is the year X1 shites or gets off the pot. They have established the partnerships, grown their infrastructure and gotten their financials and growth ratio trending in the right direction. X1 is no longer the little guy who just needs a foot in the door. They are a known commodity, and they have the industry's attention.
There are no more excuses. Full stop. No more "Evans has only been at the helm for [...] years", or "we need to be patient, these things take time", or even "aw shucks, it is Evolv's/ economic conditions/ stock manipulators fault the SP hasn't improved.
IMO, most of these "targets" X1 have set should be called "requirements".
X1 MUST obtain DHS accreditation this year. If they don't, it means something is wrong with the product, or the way X1 is applying it.
X1 MUST continue to expand into the fields they have selected as the optimal markets for sales expansion. taking the foot off the gas now obviously makes no sense.
X1 MUST expand internationally, after deciding to retool the company for international markets (prematurely, IMO).
Everyone has their risk levels and varying degrees of patience. For me, if X1 has not broken a dollar and stayed there by June, they just aren't achieving the milestones of a good stock.
I don't think that a 1.00 Cdn share price is a big ask at this point, based on where the company stands today.
At some point, you're no longer "long"...you're emotionally invested. Guess we all have to determine our comfort levels in that regard.