Post by
deepoil0808 on Jul 31, 2024 4:46pm
Update in 2 to 3 weeks on NET MARGINS EXPANSION from 20%
Management stated that they will be updating the market in the next few weeks with a possible upgrade to NET PROFIT MARGINS from the 20% level.
One thing I do know is that NET PROFITS and MARGIN expansion is what drives stocks to NEW HIGHS for a long time.
I like the analyst price of $ 4.15 per share, I had mine at $ 5 per share based on what we know now. With margin expansion, we go higher.
Good Luck to Everyone,
Comment by
Sherif on Aug 13, 2024 7:21am
Tomorrow, or maybe next week Could be a catalyst for a leg up ? All we need today is a close at 1.25 or above. Resistance to show at 1.45 - 1.55 !
Comment by
deepoil0808 on Aug 13, 2024 5:16pm
We broke over the $ 1.25 mark so it is a good start. There is a little bit of resistance at the levels you mentionned but I think we will bust through it on next update for margins. I calculated that this is at least a $ 5 per share stock, if not more. Lets see what tomorrow brings, Good Luck
Comment by
profitprophet1 on Aug 13, 2024 5:39pm
I will sell you mine for $4.75. You get a discount. Sound good?
Comment by
Sherif on Aug 13, 2024 6:48pm
Ideally we want to close greater than 1.55 for at least three days.