SOHM Inc (SHMN)

[SLC-JD]

I'd argue that it was getting current and some pumpy hype that brought the company out of trips. Once that wore off, the chart's been pretty consistent (with a few pump cycles mixed in) ever since. Until the fundamentals substantively change, PPS is going to remain relatively constant, with lots of runs and dips mixed in throughout (like most pinksheets companies).

As you've pointed out, the relative lack of debt, moderate profitability, and stable share structure are net positives. The problem has been and remains scale. If they can hit their marks, they'll climb to copper & stay there. If they stay the course, tiny incremental gains will set a floor, and that floor may well continue to rise as the revs go up by a few hundred grand a year, but at that pace we'll all be in adult diapers before it settles in at half a penny.

However, I have a feeling that even with incremental increases, if they keep making bullshit projections that fail to materialize, folks will eventually stop paying attention, and even the short term spikes will fade away (like most currently dark pinksheets companies)