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Saturday, October 17, 2020 6:07:08 PM
So, for me, the next leg up BEGINS when we break out above 17.5 and that can now, only come to pass with solid REVENUE PROGRESS being demonstrated on the 3Q 10Q, which is swamped in controversy over the management commentary.
The much ado about nothing, REVOLT, says ABSOLUTELY NOTHING ABOUT REVENUES increasing or decreasing from the period befinning July 1.
We have no idea how much money was dumped into molds and remolds and other back and forths of getting to the final product being delivered to a single target market.
Only the revenue results and / or net profits or even break even will result in the next leg up.
So, the timing of the leg up depends upon that, since, we all know, there have been no leaks of information since the 10Q management commentary. To speculate on any movement between TODAY and the date of the EARNINGS report is FUTILE.
So I can only conclude, that the possibility of the NEXT LEG UP, would be on or after the 10Q release, depending upon whether its morning or afternoon.
Not much of an answer, but I wasn't given much of a question either.
We all know that timing is PURE GUESSWORK. Hope Your timing is better than mine. As you know, I have a longer time frame than most, and my objective, short term, is to minimize losses, not to maximize profits. Whatever happens, I am here until the ASSURANCES made in the Management Commentary come to fruition, and the fruit for me is in the net profits and not in the shipments, a qualitative difference of view of what really counts.
As the MUSTANG stated, that, without a TRUE LEG UP based upon RESULTS, then there will be a LEG OUT due to BS having once more been fulfilled. THAT IS THE CHOICE for most.
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