Gatekeeper Systems Inc V.GSI

Today

[fergus2]

Up over .03 cents and narry a chirp on the board. I agree yank23 what gives?

[fergus2]

And volume is heavy!

[Ciao]

Red Cloud was doing quite a bit of bu ying today.

[ramman1]

Investors realizing with the potential for contracts,large and small down the road ,and re-occur revenue,''the company is worth far more than 1 x  rev on a per share basis'.  Somewhere substantually higher than current, is where the share price might settle. ---Obviously ,with revenue far exceeding estimates on the last report,we have a lot of activity going on  behind

[NineLives]

Totally agree. Happy to sit back and watch GSI move higher. Another decent contract will push it to 50 cents. For those who managed to break even on the first run up and bailed I certainly don't blame them after a long period of stagnation in the share price. But learnt long ago when a stock you've done extensive research on finally moves and starts hitting targets it's best to hold

[Ciao]

Beyond the P/S valuation ratio, the company was profitable in 2022. So far in 2023 it remains profitable and has had 3 consecutive quarters of positive earnings.