[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

Search:


View post   

>> No.30373802 [View]
File: 144 KB, 1585x868, Capture.png [View same] [iqdb] [saucenao] [google]
30373802

>>30373441
>PS what sort of time frame are you looking at?
irrc, their canadian operations are actually holding them back. It's their US operations that's keeping them profitable
I presume that's because of lockdowns in Canada so I'm hoping with more contracts in the coming summer. Q1 is historically their worst quarter
I got in around the 0.70's so I'm hoping to trim profits around $1.50 to secure my cost basis and let the rest ride up

Keep in mind that they got a lot of tax benefits too so their PE of 21x is misleading. It is still quite a risky play especially with how volatile it is (pretty illiquid stock, you can see yourself how many shares are on the bid/ask on level 2, it's usually 4-figures on each cent)
I also kinda like it in a biased way since they have contracts in my province (Peel and Niagara regions) and the CEO seemed like a hardworking boomer who actually knows his shit from his interviews

Navigation
View posts[+24][+48][+96]