Post by
shareswapper on Sep 17, 2023 4:50pm
Wake Up Call
I think Management had a Philosophy of grow at any cost. Now that top line has shrunk they are awakened to the importance of making a profit and cash flows. I believe they have made the changes to their cost structure to build value here short term, longer term the top linewill grow again as the market returns. This has the ability to get back to $.30 by Christmas. Get 'er done!
Comment by
shareswapper on Sep 18, 2023 11:41am
This stock is detined for thirty cents, I'm giddy right now, don't need it to go any higher. I'm a seller when we go back to $1.00+ and not before. What do you know? Not a lot it seems
Comment by
esifor on Sep 19, 2023 3:47pm
I have been long on this stock for a while and holding a ton of it, but given the debt level, their inability to grow top lines consistently, and the challenges with profit margins, I am worried of bankruptcy or further dilution. It feels like they use investors to bankroll them rather than generating shareholder value. The board needs to make sure the management has more skin in the game.