Post by
pacer217 on Nov 09, 2022 8:33pm
Satisfactory results released.
REvs. of $11.6 for the Q3 -- that's a record high. Yes. They still have a small loss /share @.04 cents; Estimate on CIBC was @ .05 cents loss.
They adjusted the full year down about 5% to $46.5 that will still be a aCompany record by a wide margin.
Easy NET profit by Q1 of 2023. -- A L O N G time coming. but there is a now a path back to $5.00 a share.
Stock @ 90 cents maybe the best bargain on the Venture, given that the Venture is a gawd awful place to invest.
management seems to have the flight pointing down the correct runway.
Comment by
SNgu8000 on Nov 10, 2022 9:48am
I hope you right " management SEEMS ....... correct runway . " But people DUMPED this morning , down to 48% . WTF !
Comment by
pacer217 on Nov 10, 2022 10:39am
Well, THIS activity, which is NOT warranted from a Q perspective, will set up a very interesting Con. /Call in less than a half hour This activity originated from the US trading desk, where the volume was nearly 200K in one hour; far above VSX so far. Some institution has baled from it's holdings, for a reason only they can know.