Wednesday, March 06, 2019 8:29:53 AM
Someone stepped up and bought 40000 shares in the last hour yesterday.
Seems a bit out of place for a company that's done almost nothing for more than a year. Nothing publically available that would warrant buying.
Yes they'll likely post they're best year in a few years and maybe just maybe end with positive earnings. I doubt CF turned positive but it's possible. I could make the case .... If a decent qtr ..... for the stock to trade in .12-.15 range but after that there is no view beyond the lack of action from MGMT.
No doubt next report will show large % YoY increase in revenues somewhere in the 25% range ... Maybe more. Did $1.85 million revenues in 2017. Should be somewhere in neighborhood of $2.3 million this year. I'm sure they'll tout improvement in earnings too. But it simply isn't good enough when there is no view into growth of the business going forward.
Amigo Mike
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