Kraken Robotics Inc V.PNG

What's going wrong at Kraken Robotics again?

[NLMoose]

Over the last several months, things have been looking good at Kraken Robotics due to a string of great news, shooting the stock to its record high at $1.14 a share.

Things were looking great.

However, the stock is going down dramatically at 5 cents a share for no legitimate reason.

Hope Kraken Robotics is not facing any bad news to warrant such a big plunge at nearly 10% of its peak value, and the stock goes higher to its peak of $1.50 a share.

[Sinister]

Its P/E Ratio is 129.  Most of its contract cannot be shared because they are in the army sector. Most smal/micro cap compagny tend to have uncertain growth. Im not an expert but we need the quarter earning release to see the next Growth. Until then, 1$-1.10$ is the fair price. Might get down if the earning is bad. (No contract and no backlog) 

[Possibleidiot01]

How on Earth did you get  its peak of $1.50 which I don't remember , especially when you say earlier record high Of $1.14. Something there is WRONG. As for next post , Kraken is not selling pet food which has is continually bought by pet owners ; they are selling very sosphicated equipment to very few customers which means lumpy revenues. In fact they have released their backlog for

[NLMoose]

$1.45 to $1.50 a share is based on average analysis projections, especially from Cannacord Genuity and Echelon Wealth Partners.

[Possibleidiot01]

A peak is something that has happened.