Post by
CptJamesCook on Nov 18, 2020 3:44pm
Breaking the flat momentum
The stock has been trading flat for some time. It should break up the silence and quickly move soon as the interest is fading.
Comment by
Stocker1973 on Nov 19, 2020 12:36am
@Cptjames.... Interest is not fading at all. Institutions have just realized the strength of it. Your statement may be right for day traders or very short term traders. Those who know its potential and have patience of holding this stock for ATLEAST 3.5 months will be rewarded.
Comment by
Torontojay on Nov 19, 2020 7:48am
I mean if you had a choice between taking a line of credit when the share price was $3 or diluting shares by 4% at present share price then I think the choice is obvious. Great timing for it.
Comment by
CptJamesCook on Nov 19, 2020 10:00am
@Stocker, the volume speaks better.
Comment by
5rockies on Nov 19, 2020 10:06am
@Cptjames.... what you are talking? we are up by 2 cents today
Comment by
skelterhelter on Nov 19, 2020 11:02am
According to TD, the deal is already closed so that was fast and probably why volume has been lower as intitutions have been buying into the deal.
Comment by
5rockies on Nov 19, 2020 1:22pm
And the price is now up by 30 cents.
Comment by
Torontojay on Nov 19, 2020 3:01pm
I agree next year it will take off. Is predicting $10 by years end a stretch? I still think it could happen. Keeping my fingers crossed.
Comment by
Torontojay on Nov 20, 2020 8:08am
Look at Digital Turbine 2019 revenue, gross profit and market cap. It is very similar to Acuityads except for the market cap.
Comment by
Osubuck30 on Nov 20, 2020 8:20am
Good find! They (APPS) are now a $3.3 Billion market cap.... meanwhile our Gem here is still under $250 million.... using USD because APPS is on Nasdaq and I truly believe at the minimum Acutt will be at $1 billion market cap within a month of an uplisting. This puts price around $20 USD ($26 CAD).
Comment by
BeatsBast on Nov 20, 2020 11:53am
Whoa just looked at APPS financials. Very similar to AT indeed. When the US market catches onto AT once it is uplisted + EPS reach .10-.20 $ quarterly... Also now with the correction that occurred at Q3 results and the bought deal, the weak hands are now gone... Who will be selling now??
Comment by
Torontojay on Nov 20, 2020 12:44pm
You will also notice that Acuity has been growing revenue at a faster pace than Digital Turbine.
Comment by
Jboosted92 on Nov 20, 2020 3:37pm
i feel like i started a storm mentioning APPS...lol....it just seemed comparible from a revenue /growth perspective.....as well as Demand and ARR
Comment by
Torontojay on Nov 19, 2020 5:15pm
I think the Nasdaq listing will follow year end results. Fourth quarter numbers will help boost eps which will look good to Nasdaq investors. Also, the balance sheet will look great and the true momentum will begin thereafter.
Comment by
campst on Nov 19, 2020 8:02am
Unless your time line is Friday, the chart is anything but flat....