I'm still bullish on this. The whole logistics sector is ripe for a revolution. Will YOJ be part of that? I hope so! I'm just playing the game for the short term at the moment.
I was expecting the next 4c fo have some substantial revenues. But an $8mil placement just before it tells me otherwise. They may have good revenues but not enough to grow the business at a rapid pace hence the raise. However if they had decent revenue and need money to grow quick then they should have waited till after the 4c to validate the process/business and raise at a higher price. My gut tells me the revenue won't be fantastic. We'll see a drop to slightly below the raise price and I'll reenter then and wait for the next revenue update. My only fear is a complete binding agreement with a large player and I'll be left on the sidelines. It's a risk I'll have to face
YOJ Price at posting:
11.5¢ Sentiment: None Disclosure: Not Held
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