mCloud Technologies Corp V.MCLD.H

If your looking for a re-opening tech play this is it!

[brianwells1]

mCloud Technologies' four analysts are now forecasting revenues of CA$70m in 2021. This would be a sizeable improvement in sales compared to the last 12 months.

Profitability by 2022. Don't forget that management has been opening buying shares since $4. They know the long term value here. 

[KBizz1]

Brian, I really want this company to do well. I think they are in a great business and have a decent product. I also own a small number of shares (unfortunately I am way down on them now)... this said, they seriously need to stem the cash burn. They are losing the confidence of the market. They need to tighten their belts big time and get get the subscription revenues flowing. If I were in

[brianwells1]

I totally agree with you on those two points. But just from a market cap point of view it's hard not to take a position here. COVID may have destroyed 2020 for the company but in the long term it's going to make us more resillient. 2021 will be the big tell tale for this company but unfortunatly we will need more financing in the meantime.