InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,905.56
(
2.12%
)
US TECH 100
20,080.00
(
1.99%
)
Dow Jones
43,610.73
(
3.29%
)
Brent Oil
75.10
(
-0.39%
)
Bitcoin
74,407.03
(
7.37%
)
Post# of 118105
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

larrybaz

Send PM Follow Ignore
Followers 79
Posts 3976
Boards Moderated 0
Alias Born 12/31/2004

larrybaz

Member Level

Re: hweb2 post# 109338

Tuesday, 12/12/2023 3:37:43 PM

Tuesday, December 12, 2023 3:37:43 PM

Post# of 118105
FEIM - I'm with you on this one. Things seem to be lining up very nicely for future quarters. Those contract announcements of $25M, $19M, and $9M were all within a two-week period! Those $53M in orders are more than last year's total revenue of $40M. It was trading in the 7s a month ago, so like you said, that might limit the upward price action.

And it sounds like there might be more orders to come. This from the CEO from last quarter's earnings PR:

More importantly, bookings are expected to increase the backlog significantly over the next two quarters

I have seen lots of $1 stocks with strong earnings and solid balance sheets triple, quadruple and more, but I have yet to see one go below zero.

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up