RE:Range boundMight seem that way but . . . the past does not determine the future.
Chuck is working on building the future.
In a way, it's quite simple. Quarterhill needs to get to the point where the amount of $$ coming in is more than the amount of $$ going out.
And this is the kind of sticky-revenues business where one they get to that more-$-in / less-$-out, the profitability, quarter-to-quarter will be very reliable. Which is the kind of thing the market typically loves.
But they've got to get there.
If / when they get there, $1.60 will just be a memory.
If they don't get there, or until they get there, we will have to suffer abuse at the hands of Socrates.