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Bullboard - Stock Discussion Forum VIDWRX INC SMDWF

"VidWRX Inc is engaged in developing and operating cloud-based video content production platforms and video production series targeting the business and news markets across North America."

GREY:SMDWF - Post Discussion

VIDWRX INC > How is a 172% sales booking growth year over year
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Post by Junit on Dec 03, 2015 10:31am

How is a 172% sales booking growth year over year

not solid performance? It's not like I am buying over .50. The company share price reflects the pain that previous shareholders have been through. Call me old fashion though, I like buying at almost all time lows when earnings are the best in the companys history. It is the venture exchange and all small cap stocks are risky. That being said I always try to buy low on good news as the risk is mitigated in my opinion. Cheers
Comment by ruben12345 on Dec 03, 2015 10:51am
they are such low level, they should be growing 500% anyway your call....
Comment by CQCmaster on Dec 03, 2015 11:32am
There can be a few reasons to why they've released this news to public (prematurely) which are (A) times are desperate, financing at higher price is needed and (B) start of a new pump (healthier one with real numbers) where projected (analysts) numbers could be beaten by quarter earnings (audited) which would skyrocket the price when the next financials are posted. B part is a classic in blue ...more  
Comment by Vantechie76 on Dec 03, 2015 1:39pm
I'm hopeful for B but I'd guess A is the reason. And while 172% is a big number "sales bookings" can easily be inflated. The revenue growth is more important in my opinion and that appears more modest, though at least its growing.
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