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worthylion

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worthylion

Re: None

Wednesday, 05/16/2018 9:36:09 AM

Wednesday, May 16, 2018 9:36:09 AM

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I'm encouraged the stock held up yesterday. Q1 revs weren't great but backlog was encouraging. I think backlog makes it a more dangerous short play now so see short shares declining materially this Q which is good underpinning for the share price.

Since their path to $10 million in quarterly revenue, good margins and impressive profitability is taking longer than I hoped, I think the biggest risk is that the overall market tanks before they get there and the share price won't reflect their success.
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