Timmykins, one of my friends was down 50% in his portfolio, but he had full confidence his investment was a good decision and he only checks the account once a month. Just to see where things are. If he is up a lot in one and thinks it is time, he sells and finds another good investment. If he thinks the company completely has lost focus he might cut losses. He never sells a growing company that is growing by a good percentage. And the charts he shows end up going up at a 45 degree incline once they get their footing. This one will find their place, and people will come.
Each company runs a profitable business.
This is fundamentally why the cash flow will support the business and growth plans without needlessly dilution of shares. They have shown restraint before with not selling shares without getting value. They are in a better place to not need shares to fund operations.
And the more synergies they create, and the more efficient they get the more cash they will have. If they have more cash, they can use that to make deals verses cheap shares.
These are prudent business people.
If they hit 100MM now, they will hit $150MM next year and 200MM the year after that. Stock price will not be a problem long-term. Short term it depends on how the players will make the most. There is now more room at the top versus the bottom.
At .45 they can try to push it down 10% or let it go up 50% once they are all in agreement, it will go up. They have to buy low though now. Before letting it go.
They will want over 200% return. They will prefer 400% before the next correction.
.45 to $1.80 is my expectations. But they could try .40 to $1.60 or .40 to $2
I’m sure they are charting it out themselves on when to hit the gears.