Post by
Tan4646 on Sep 28, 2023 2:52pm
Talk about an over reaction..
21m of the loss was goodwill impairment which is understandable given rates.
No guidance is fine with the macro economy as it is and is not uncommon today.
Cash loss per share is no big deal.
Bought the a bit at 4.50.. have to hold.
I see a larger bear market but more STC at this price,, reasonable buy.
Comment by
Captain71 on Sep 28, 2023 4:35pm
Not sure how they do it but this company manages to keep disappointing investors. Probably more like "out of patience" than overaction. Not a bad quarter as you mentioned but they really need a couple of "beat revenue estimate" quarters with dare I say it "positive earnings" to get investor confidence back. GLTA