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2,319 Posts.
504
24/06/23
15:39
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here is the share price from 4 years ago. Almost 98% DECLINE since then.
IN their July.2019 quarterly they posted 130% year on year growth.
In the past year revenue has dropped over 30% and EBIT over 200%
How is this company in a better position?
yesterday it couldn't even manage $2K of volume whilst trading at an all-time low.
When your revenue goes backwards, that isn't growth slowing. That's called a decline.
When you lose more customers than you are signing, that is an indicator of a failing product.
Making more products whilst making less money is a poor strategy. You need to good at one thing before trying to be good at many.
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