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dh_

01/02/21 10:13 PM

#19684 RE: trader3957 #19683

FWIW, my theory is that the stock was doing fine then stumbled a bit as it grew. Began to bounce back and possibly would have done fine, but COVID hit and the stock pulled back down.

The pandemic was actually helping the business in extra revenue but it got confusing as the company was bringing in yet more revenue. Any other time the stock might have ran up on the growth prospects, but IMO, due to the world we lived in the focus was more on the negative. The margins suffered as new business was being assimilated and the relatively small amount of funding needed wasn't easily covered as the share price underperformed and didn't allow for the capital generation that it might have otherwise. Fast forward to now and the company debt looks pretty minor in light of the revenue, and the revenues and opportunities keep growing.

Bottom line, and just an opinion, the whole situation created an unusual buy opportunity, although concerns of erosion of shareholder value were legitimate. Now, the company is showing some ability to reign that erosion in and the growth they had fostered has become more apparent. If they, or once they, show how much better the margins will be this could really shine. But apparently the market has already begun to catch on to the potential here.