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Monday, 11/27/2023 8:20:00 PM

Monday, November 27, 2023 8:20:00 PM

Post# of 24430
Investor Impatience Means Cheap Shares
One can hardly blame long-suffering shareholders for throwing in the towel; today 500,000 shares changed hands, a rather significant percentage of the float, though only a modest $25K in trading dollars.

Do what works best for you, but I might throw in some cheap bids because, what I have learned, cheap becomes cheaper, and the out-at-any-price crowd want to be done with this.

FY revenue of, let's say, $7M means 1.5x
FY revs of $10 1.0x (a little too bullish)
This isn't a steel company, it’s SaaS. So single-digit Rev multiples make for an incredibly inexpensive stock.

Now, if I'm not mistaken, sidechannel has started to include the enterprise, moving beyond SMB. Anyone else gather that?
Volume:
Day Range:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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