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NewJerichoMan

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NewJerichoMan

Re: NewJerichoMan post# 1153

Wednesday, 08/31/2016 7:44:36 PM

Wednesday, August 31, 2016 7:44:36 PM

Post# of 11429
For those of you tracking at home, REED spiked late in the day. Not sure why. Maybe they got some much needed financing?

REED has bounced from a bottom of $2.40 per share, up to $3.60.

In 2015, they had about $46M in revs and a $4M loss on the bottom line. TTM is worse with about $44M in revs and a >$5M bottom line loss.

They have a P/S ratio of 1.13 based on the approximately $50M market cap.

Unbelievable.
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