Kraken Robotics Inc V.PNG

2023 Annual FINS Review (3.25 / 5 stars)

[WolfOakville]

So how does one live up to a third quarter of $20M, up 65% from the previous year? How about a $28M fourth quarter, up 218%! 

Full review: https://wolfofoakville.com/fins-reviews/f/kraken-robotics-pngv-325-5

[NLMoose]

Yet the company is being punished for its record breaking performance as the share price is back to Penny Stock status as opposed to setting new share price record highs. So much for the Laws of Finance which states that the goal of the firm is to maximize the value of the firm as my Finance Professor, Glen Baigent, taught me in my Finance 360 course in 1996.

[WolfOakville]

Much of the performance was baked into the share price based on the rise of the last few months. I think it's pretty fairly priced around here.

[Asdfghjk]

Anything less than 5 dollars is considered a penny stock.

[Torontojay]

Last time I checked, a penny stock was any company whose share price was $5 or lower.  Did you ever take the Penny Stocks 101 course?   

[Possibleidiot01]

NLMoose The point you continually miss is about the time period of your investment. You worry about temporary fluctuations in price as they don't maximize the value of the firm. The market is all about where you'll in year , two years, three years WolfOakville is probably correct about the current value but PNG is about the future. The actions the company takes over time are the way to