Polar Power Inc (POLA)

[southacresdave]

ebase....as the last guy said "looks like you've learned to crawl and now can start to walk soon" So true :)

It isn't out of the realm that they could do $10M in 2Q at 31.5% margins - $2.4M expenses = $750K before taxes. However, they probably have just enough tax loss carryforward to protect most of that. I'd be real happy with $10M and 6-7 cents/share. It would show investors this really is happening. Then if 3Q builds on it and 4th on top of that (especially if they actually could get to $5M/month by the end of the year) the stock should do well. Wall Street likes quarter-to-quarter sequential growth. Especially if the upper revenue market is potentially huge in time. Maybe our suffering will be worth it in the end still? i.e double digits a year from now sure would be nice. It'd take longer than I thought, but it would feel good to be right in the end!

I still think the CEO sounds horrible on the cc call, but he's better when he's not reading and actually talking about the company direct. I was glad to hear they brought in experienced people to run the manufacturing facilities who know what the heck they are doing in growing it big. Sometimes, when I'm not frustrated, I actually think they are doing a decent job in lining things up. Nothing ever goes as easy or as fast as investors like.

At this point, I see little downside other than the overall market tanking. Even then I think buyers would step in who see the longer picture now. Not sure how fast it goes up---depends on contracts announced and 2Q revenue. Not sure how high it goes. But it is nice to think the worst of our worry is over with.