Post by retiredcfon Feb 15, 2022 12:51pm

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Post# 34430535
Two Problems
Two ProblemsBut before we get to that, let's look at the positives. With a PB of 1.8 and a PE of 4.5, the stock is pretty cheap. It has positive earnings (EPS of $0.15), money in the bank, and strong insider ownership.
So what are the problems? First of all, it has no analyst coverage so has been cast adrift like so many other small and microcaps with no one to come to its defence. And as the SP has declined, its market cap has now fallen below $100M, which could be a minimum investment threshold for firms. This might explain the recent higher trading volumes and continued selling over the last few days (a fund exiting a position?).
For those of us who continue to hang in there, we need patience and some catalysts, not to mention at least the beginning of analyst coverage. All IMHO of course. GLTA