Post by
Zach45895 on Mar 02, 2021 1:31pm
Hmm
They showed growth , paid off debt , new platform is a success , share price down 10%.. what am I missing? Were people expecting more rapid growth? Was it the companies leadership and guidance?
Comment by
Zach45895 on Mar 02, 2021 1:57pm
That is what I expected most people were turned off by.. long term hopefully they learn from the reactions to this and better themselves for next time.
Comment by
Wansfell on Mar 02, 2021 9:03pm
Regarding this particular earnings CC you are correct.. but if a company refuses to provide forward guidance and habitually knocks it out of the park, it will make little difference to the shareholders regardless of NASDAQ or Pink sheet listing. I agree with you, in this instance, lack of guidance to significant revenue growth harmed the share price today.