News Focus
News Focus
Followers 23
Posts 1226
Boards Moderated 0
Alias Born 03/22/2005

Re: mrgoodtrade post# 10962

Friday, 05/16/2014 10:52:07 AM

Friday, May 16, 2014 10:52:07 AM

Post# of 51193
I think these numbers were already built into the current price of the stock -- nothing unexpected here in either a positive or negative sense. Net income needs to improve at the same pace as revenues have improved, in order for the stock to attract a whole lot more money. With 660,000,000 shares outstanding, quarterly earnings of $200,000 will not get the job done.

Obviously if predictions of $20 million in revenue from the Niger/China deal are accurate, most of that money would drop to the bottom line and be transformative. But until that happens, or news is released suggesting it is likely to happen any time soon, I would not be surprised to see the stock languish at or about this level for a period of time.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent AMMX News