Followers | 24 |
Posts | 3044 |
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Alias Born | 02/05/2008 |
Sunday, October 22, 2017 7:17:26 PM
If you look at the rear view mirror:
This company was a total disaster in 2016.
vs.
If you start/look from 2017 1q/2q and beyond:
Sg&a is lowered by about 50% from a year ago,desperately needed action taken
Cost/revenue was down to as low as 50% in 2q,stabilized between 50-55%,a good sign
Operating income positive in last 2 qs and gained traction.
plus
Stock price went down from 60c to below 20c within the last 12 month period,a haircut of 66%.OOOuuuch.
If 3q revenue can match/above y/y,BIG IF,this baby can generate up to $250K net income.Again,BIG IF.
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