InvestorsHub Logo
Followers 6
Posts 144
Boards Moderated 0
Alias Born 01/29/2018

Re: None

Wednesday, 09/11/2019 4:31:05 PM

Wednesday, September 11, 2019 4:31:05 PM

Post# of 186029
Surprising day. Nothing has changed.

It's frustrating to see the vacillations between highs when people are predicting near-term stock prices like $.30, which is overly optimistic to down days when people who had such get-rich-quick expectations sell because they realize they will make a lot of money, but over a number of quarters. Some of the same people who are on a high one day or talking about manipulation and conspiracy theories the next. The one thing I personally have conviction on with Verus is that they are executing, delivering, growing, and as an investment the future is very, very bright.

A couple of conference call favorites from Chris Cutchens (Verus CFO):

"...suffice it to say that late-stage acquisition activity generates legal fees." I heard that as a significant hint that a lot is happening that will layer on additional revenues.

"We have the infrastructure in place to surpass $50M in sales," speaking about Big League Foods specifically. This is just one line of business that's largely uncaptured in the Q3 10Q revenues.

If a rational investor was happy with Verus last week, s/he ought to be feeling really good this week, since they've confirmed guidance growth 9 ways to Sunday.