LUVU i feel like their is some type of hidden dilution/selling going on here through market maker PUMA watching the stock trade. This is also the same thing i have noticed in MACE. That market maker is always hiding huge blocks and selling. I'm just going to wait to buy more before next earnings. I see no catalyst till then.
They even released great news expanding operations and it still sells off.
LUVU 10-Q out. Solid quarter not great but not bad. Trailing 12 months Net income is around 1.2 million Sales have increased by 30+% as it seems that they are shifting to mostly Ecommerce and continuing to grow
So basically LUVU has a trailing 12 months with $18.5 million in Revenue 1.2 million in net income
with YOY of 30%+ increase in sales in mainly due to growth in Ecommerce
but is trading at an 8 million market cap
What is the average P/E ratio for companies like LUVU?