Tuesday, September 18, 2018 10:40:34 AM
"past performance" good or bad "is not a guide to or guarantee of future performance".
I did my home work. I am not assuming that past margins will stay the same as the last 10-Q, as Ponder has said publicly that 25% gross margin is coming!
.25 x 32 Mil = 8 mil in gross profit
.25 x 80 mil = 20 mil in gross profit
We all know that reorganization and debt costs will drop like a rock, so operating costs of the parent will freefall, boosting net profits from negative to positive, causing a volcano in the stock price.
Buy the fear sir!!!
I missed buying Amazon a few years back when they reported a billion dollar loss in one quarter. That was the time to buy it!!!
All of my posts are strictly opinions and should not be considered to be facts, or investment advise. They are for entertainment purposes only.
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