Post by
Investor10X on Dec 29, 2021 1:58pm
One year later...
In a few more trading days the stock will be trading at a price equal to one year ago. It's hard to imagine that given the amazing year DM has had that the market currently sees this stock as being valued at the same price. lol One year later DM has a clean balance sheet, about $15 million in the bank, $52-53 million in trailing 12 month revenue, Medi-Call almost ready to launch into the public space, Perspectrum done still on the horizon, numerous AI land and expand contracts (i.e. fintech, EV etc..) possibly leading to some major AI contracts in the near future and continued Covid testing.
Nearly every stock trades at a price several times that of their revenue (i.e. 5x, 6x, 7x, etc. and in some cases 1000+ times revenue)... but not DM. Very odd. And yet it is still one of the only micro/small cap companies with a positive EPS. I have yet to see anyone meet the challenge of finding me another micro/small cap stock with a positive EPS. I think I first posed this challange nearly 4-5 months ago. If you do find one, I may be interested in investing in it.
Comment by
Thecook100 on Dec 29, 2021 2:06pm
A very very sad state of affairs imho. Something definately going on behind the scenes. Question is have we been fooled ?
Comment by
Leonovus2017 on Dec 29, 2021 2:15pm
In terms of AI sales, they are certainly not doing a good job. Took them a whole year to just find a marketing person, that speaks volumes. Marketing is an important tool... anyways, I still hold and wait if changes will occur, but I don't have my hopes up.
Comment by
JWING17 on Dec 29, 2021 3:01pm
Well then there must be another reason why the Market is not responding with a higher SP value.
Comment by
Investor10X on Dec 29, 2021 3:17pm
Yeah, the institutions are collecting shares. The ATS has been very busy over the last 4-5 months. Far more shares have been traded there then on the Venture. Also, who else can trade quarter cents on the stock? I certainly can't and neither can you, but I'm sure you can guess who can.