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Knowledge is King

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Re: hweb2 post# 66619

Thursday, 12/05/2019 10:04:05 AM

Thursday, December 05, 2019 10:04:05 AM

Post# of 112832
Don't get the attraction of SEAC($4.04) after tripling in 4 months




Company has reported operating losses for the past five years, with annual revenues slumping from $115M, $107M, $84M, $80M, to $62M. Hard book value is less than a $1/share. You'd need three quarters in a row of results similar to those just reported to support the current stock price, IMO. Plus, the company has now entered Q4 (ending 1/20) so we won't be hearing from them again for a longgg time...

The moment a person forms a theory his imagination sees in every object only the traits which favor that theory. Thomas Jefferson

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