Beam Global (BEEM)

[Danni]

RN,

Just another point to make. When you point out a 3.5 Mil contract that is for sure very good news. But we are talking stock price movement. Two things are the main mover of the price. One of course is news, good or bad and true or not. The herd does tend to get excited at times. The other is profit. As any long term investor will tell you good stocks are like water, the price will eventually seek its own level. Look at any of the top 50 issues.

That being said, while these recent new contracts are what is needed they are only good for the stock price if profit is made. And how much of the 3.5Mil is really profit? And before investors see any of that the company debt must be subtracted. I believe the current debt is around 35Mil.. So how many more contracts with profit are needed before real profit starts to truly drive the stock? Yes, news may at times make the price jump, but remember, water "always" seeks its own level. Ie; I believe it will take a while for EVSI to have that kind of foundation. Just watch for a quarterly with a price per share value that is NOT in ( ).

I do believe that it will get there; just takes awhile. Could be wrong of course, but just presenting the facts. and yes, there have been those getting in looking for a quick score and not finding it getting back out. This is an issue for true longer term investors I believe.

BTA