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gilead23

01/30/23 11:36 AM

#102915 RE: Knowledge is King #102913

CODA wound up being fine for me. Even picking up some additional shares my average in was about 5.50 and out at 7.20.

There is very little positive I heard except vague happy talk which for a company that missed its annual revenue target by a whopping 22% has to be deeply discounted. You also have some very negative risk commentary in the 10k and material accounting weaknesses mentioned. The latter is not usually a big deal for small companies, but its the usual AnneMarie clown show of incompetence. In addition it sounds like they are pretty much giving up on Thermite which they have repeatedly promoted as a revenue opportunity.

I'll be back in for a trade if it gets down to sub 6 maybe. At some point they will put out a 20 cent quarter.