Post by
Sellthedream2 on Nov 03, 2021 11:36am
Will recover but long road ahead
The shopify tweet was completely misleading and listening to Tals response from the analysts question about it was a disaster. I don't even understand what he said when he danced around it. Very pissed about that because it is just ridiculous. Margins are getting better and better but they need revenue growth. 9 mil Cash flow was great, 3.4 million profit was great, but supply chain issues with clients hit them hard. The next leg up will be on an acquisition or maybe mid next year when things improve with supply chain issues and clients ramp up spend on Illumin imo. There is a lot of investors underwater here so there will be pressure on the stock price for some time..
Comment by
growthnprosper on Nov 03, 2021 12:06pm
Tal looks like a bum. They need some good press releases and they need to use some of their $100 mils they raised last March. So far they have done nothing with it. Shame on Mgmt.