Post by
fdfd12 on May 15, 2023 3:49pm
WELL
I do not know if this has been mentioned on this board.
The reason, in my opinion that this stock has crashed 20% is because the margins
dropped from 55% to 51%.
Comment by
Nextlegup on May 15, 2023 4:22pm
fd... Gosh, I hope that was a sarcastic comment as opposed to a serious contribution...?
Comment by
retiredcf on May 15, 2023 4:26pm
LOL - I guess everyone at TD, CIBC, Paradigm, 5iResearch, etc. must have missed this. GLTA
Comment by
Capharnaum on May 15, 2023 4:45pm
If I had to guess, a PP is coming and the price is being suppressed to make the issue easier to sell.
Comment by
Nextlegup on May 15, 2023 6:04pm
Not a bad call... Reset the bar, get some bucks in the door, make a good sized acquisition...off to the races. I figured they would be making some good sized acquisitions soon, and will be need to raising some money to do so...I just hoped it would be at higher levels to avoid too much dilution.
Comment by
monty613 on May 15, 2023 4:25pm
my thoughts exactly - the margin erosion brings into question the timeline re: path to profitability (will take longer than initially anticipated)