I can't agree that would be optimum ATM.
I'd be happy to see them raise there market cap this quarter though... Relieved is probably the better word. This stock didn't plummet nearly 40% for nothing. They lost over $4,000,000 in sales for 4th quarter 2023 without a valid explanation.
That has to raise eyebrows in the market like yours just did. IMO that's what precipitated the exodus. Changing the sales margins to $4,000,000 in the black this quarter. Yes that would be the nicest Easter present Sonendo can extend to there loyal investors.
GentleWave is in terms of major R&D already locked in. This is a do or die quarter Scottie, company sales must improve. Sugar coating it with a buy back while appreciated. It's just not what the market really wants to see the most for SONX IMHO. Profits please and many more of them, now you're getting my attention.
I believe that's why you see 4 Valentine's Day Fund managers appear from nowhere. Management haven't explained why they were hired yet. Sonendo needs to increase revenue streams. That's critically important for more than just investors. Oh yeah... and how. Proof the business plan is working that's what the NYSE Brass want to see. More compelling profit margins are most definitely the current company imperative.
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