VirTra Inc (VTSI)

[fishhunter]

I admire the effort you put into your posts and your attempts to quantify the numbers. That said, I think it is an impossible task due to lack of info.

For example....It is unclear how VirTra counts a STEP “order” in their backlog. My guess is “they don’t”. Simple as that.

Another metric VirTra should publish each quarter is the number of systems that shipped and their estimate of previously completed and active installations. This alone would increase their market cap by 50%. My guess is they don’t because they like secrets and competition is hurting sell price. Margins remain stable due to all the “hidden” STEP orders in my opinion.

I said what I said about laying another egg because now with 10.75mil shares rather than 7.75mil the bar is higher and share price can drop much more quickly.

I’m also sick of the stock. Not sure why I still care. Much easier to make money on deep value reversion to the mean stocks (like SUP and UVE).