InvestorsHub Logo
Followers 2488
Posts 117612
Boards Moderated 1
Alias Born 02/10/2002

Re: shermann7 post# 42204

Wednesday, 08/15/2018 3:34:41 PM

Wednesday, August 15, 2018 3:34:41 PM

Post# of 51045
<<<<with fast growing revenues right now.>>>>REVENUES DO NOT MEAN A THING
IF THE PROFITS ARE NOT GOOD.
EXAMPLE.I COULD OPEN A RESTAURANT SELLING ORGANIC SANDWICHES FOR $1.00 EACH.I PROMISE REVENUES WILL GO THROUGH THE FREAKEN ROOF IN TO MILLIONS.WHOLE FOODS ORGANIC SANDWICH $6.00 AVERAGE VS.MINE $1.00.DO YOU REALIZE THE REVENUES????BUT IF I SPENT $1.40 PER SANDWICH I WILL NOT BE IN BUSINESS FOR TOO LONG.LOL.
THE SAME GOES HERE ON AMMX.GOOD THING THEY DID NOT LOSE FOR Q2.BUT THEY ONLY MADE 175K$ PROFIT=6% NET PROFIT ON ALMOST $3 MIL IN REVENUES.LOL.