Post by
kingscorpion on Nov 17, 2021 6:18pm
5i
5I RESEARCH ANSWER: The revenue base is good, and the balance sheet is strong. It has announced some new contracts recently. Insiders own 15%. We do not like the small size, nor the negative momentum, but good earnings growth is expected in 2022, and it is cheap if it can hit its 2022 forecast. We might wait a bit on this to see if it gets hit with tax loss selling. It is down 44% YTD and more than 50% from its 2021 high, so there could be some frustrated sellers into year-end. My view of above statement KingScorpion-- I would say this is the time to actually continue adding to your position as we enter the seasonal strength for small caps Plus Q4 revenues is expected to be around $10 mil So this means EPS at least. 01. Instead of tax loss selling we might actually see Santa Klaus rally. Do not get caught with your pants down. Hold your position calmly and don't panic
Comment by
kingscorpion on Nov 18, 2021 9:38am
While 5i has CVX on watch list Raymond James just added 43000 this morning They ve been buying lately and will continue buying more in coming days weeks before the stock takes off