InvestorsHub Logo

greasemonkeyshoes

10/22/17 7:17 PM

#1419 RE: Bobwins #1418

Thanks for the warning.............
If you look at the rear view mirror:
This company was a total disaster in 2016.
vs.
If you start/look from 2017 1q/2q and beyond:
Sg&a is lowered by about 50% from a year ago,desperately needed action taken
Cost/revenue was down to as low as 50% in 2q,stabilized between 50-55%,a good sign
Operating income positive in last 2 qs and gained traction.
plus
Stock price went down from 60c to below 20c within the last 12 month period,a haircut of 66%.OOOuuuch.

If 3q revenue can match/above y/y,BIG IF,this baby can generate up to $250K net income.Again,BIG IF.