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Valuepeanuts

03/17/22 10:26 AM

#13558 RE: entrepreneur61590 #13557

You are assuming earnings are going to be positive. It could be more of the same. If earnings in 2021 are about the same as 2020 I wouldn't expect the price to rise at all.

They need a substantial increase in sales to force the price higher, but recent news releases haven't been the most promising. They have been on a news blitz and still have only released news of a little over 5 million in sales in Q4 of 2021 and 2.1 million in sales for Q1 2022. This is right on track with their previous performances. I feel like if they had news of more contracts, they would have released them.

Nothing will change until they can increase sales and they haven't shown even the slightest amount of an increase yet. Until then, the nosedive will continue.