I agree totally with what you post here Claymolly.
Heck, with over $50MM in revenue and they can only eek out $1 or $2 million in profits? - That's despicable!!! Where in the world is all this revenue money going to? It certainly has a very hard time making it down to the bottom line. This only tells me that this company is totally inefficient and is paying wayyyyy too much to get the job done. This is a company that exists merely for the employees/executives to be able to have a job and the financiers to have a vehicle from which to draw money. It does nothing for shareholders.
You tell me what companies you are interested in investing in when someone describes their main property as inefficiency. Most investors I know RUN AWAY form a company that has such inefficiency, and that is what you see here in the share price of NMKT. The only thing naked shorting has to do with it is that they see the blatent inefficiencies and they know it is excellent fodder for the shorting machine, because they know that no shareholder mass would jump up and cause them much pressure with share price appreciation - they can overcome any interest that retail investing might put on this company.
And then the company gives them an even more open freeeway for shorting, with all the dilution, and adds one more HUGE BOOST to the mix in shorters favor with more broken promises than one could immagine.
I'm disgusted with the minimal profits from a company having such high revenues, just downright disgusted.
AI
