"She meets 2020 revenue guidance of 6-8 million...she is 18-20 in my opinion based on fair value. IF rev goes from 2 to 6 million....you better believe she will attract new fans and the speculative multiples will return. And then the process we just witnessed will repeat...I am better prepared now...."
I think a little harsh to judge a co that grew 250% in 2nd qtr and off the 3rd (with discussed reasons and renewed forecast) as more than a blip in a forward moving story.
If people sell at the market..market makers will take in lower...this happens to big boards as well....so key is to control bds and asks...but yes worse here due to small dollars and ease to push value around.
Not happy with the hit....but feel the co is doing its job...looking for some update news on sales that might indicate a path to the 6-8mm as well as marketing (website update?) and up list -
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