InvestorsHub Logo

imjustaguy

09/23/20 7:58 PM

#10206 RE: BuyNStonks #10205

Your 100% correct!!! Also This just needs to play out, let the sellers sell. In time it will work out. Just a couple months. Yes frustrating!!!! But posting and getting pissed off everyday won’t help the situation. We all need to breathe.

daiello

09/23/20 7:59 PM

#10207 RE: BuyNStonks #10205

EPS is EPS is EPS.



100% correct.

There are some angry and probably depressed individuals here who haven't adjusted to what's going on.

Yes, this drop sucks, I would have loved to hit $1.50 - $2.00 and taken some shares off the table, but unfortunately that is not our reality. I have adjusted because at the end of the day, fundamentals will win out. Fundamentals are on our side. If this was a P&D, well I wouldn't be buying more and I wouldn't be holding my shares.

Nothing will change the fact we're trading at an annualized P/E of 10x.

daiello

09/23/20 8:12 PM

#10209 RE: BuyNStonks #10205

Also,

Last night I took a look at the financials.

Initially it looked like both gross profit and net profit margins took a hit quarter over quarter, but when you add in the additional cost that was missed last time, the gross margin actually increased 21% quarter over quarter.

That's a good sign.

Net profit margin increased too but that's because of the overpaid taxes in Q2, and the lower taxes in Q3 to offset the overage. In the end, the net margin % stayed flat Q/Q which is great considering G&A and Commissions expense went up.

I'm hoping the company continues to work on increasing their margin %s, because that will help increase shareholder value.

pastrychf05

09/23/20 11:21 PM

#10214 RE: BuyNStonks #10205

If we ever hit a dollar again, I will be selling some to take money off the table and riding freebies.

It would really dumb to make the same mistake again!

At this rate and depending on how more tens of millions of shares are going to be dumped on us -

I have no hope of seeing a dollar this year! I sincerely hope that I am wrong!