I cross my fingers for you too !
I made my call, but I would not be surprised if I am mistaking and the SP takes off. We need a crystal ball !
US growth has been indeed very good:
Q2 + 180%
Q3 + 275 %
In my scenario, I estimated Q4 at +275% from $ 0.525 Mto $ 1.44 M.
It does not seem exaggerated, as these products tends to expands exponentially. Actually, it could be a seen as a conservative estimation.
They had done a huge effort to promote the product, at heavy costs. But it is a smart move to my opinion, and it pays: with the numbers above, it is a growth just shy of 20 folds over last year ! (+ 1950%).
The gross profit increased to 91,2%.
And it will probably increase over the years as more customers subscribe.
The weak point is on the sales expenses. But again, it is, to my opinion, a smart choice.
So well ... it was not an easy decision to sell my shares. Ultimately, it is my leverage that lean the balance towards selling.
Anyway, I'll be in the starting blocks on Wednesday, 1000 AM if the market prove me again that I'm wrong
The suspense is high ! He he.
