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Altitrade Partners

06/19/17 6:45 PM

#6221 RE: NewJerichoMan #6220

The slowdown in revenue growth has concerned us. We are not confident that they will post strong revenue numbers for Q2. They will need an $8 million quarter to regain our interest. Sold a few more shares on today's strength.

Altitrade Partners

06/21/17 9:03 PM

#6238 RE: NewJerichoMan #6220

It's tough to justify a premium valuation well above the industry peer group when revenues appear to have reached a plateau.

Another quarter below $7 million and the stock will most likely have a very negative reaction.

They need to beat last year's $22.7 revenue number meaningfully. Without a few $8 million revenue quarters that is going to be tough sledding.