Post by
gibbonsj on Jun 10, 2021 1:28pm
I tend to see things from an IR perspective
i.e. what the next ir tool might be. When the move to NASDAQ was announced I posted there were three things to be done in rapid succession or sp would pull back possibly into the $6 range. It's all about performance and maintaining momentum.
The 3 things were
1/ show a bottom line profit (done, blew past my expectations, but forgotten in the consolidation)
2/ participate in investor conference (just announced June 24)
3/ announce an acquisition (coming)
I think the move to NASDAQ was completed ahead of schedule, initially expected late June but they were accepted (qualified) late May which created a delay in executing step 2, a lag and the consequential pull back in sp we've just seen. Maintaining momentum is absolutely critical at this point and that is a function of IR.
Mr. Crawford and his IR team seem to have things well in hand and we still have the "extraordinary tailwinds" to look forward to. The tailwinds do not appear to be baked in yet, I suspect the June 24th conference will be all about that and market growth over the coming 5 years or so and last Q's performance as a refresher.
I'd be positioning for June 25, 28, 29 not looking back or pondering day to day. IMHO of course. I've been wrong before.
Comment by
gibbonsj on Jun 10, 2021 3:15pm
You know what they are, that should give you a bit if insider confidence going forward. It was gift, it'll come out next round. Got to think these things through a little.
Comment by
Tropicalsun on Jun 10, 2021 3:41pm
gibbonsj, could you possibly be referring to a Russell Inclusion list?? GLTA