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larrybaz

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larrybaz

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Re: hweb2 post# 109338

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

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

Post# of 113916
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.

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