If Damstra can show it can hit the next quarterly revenue target it will pop back up to 70 cents, then probably closer to a dollar if it exceeds the next two quarterly reports.
the challenge is that this result was so bad compared to its last few, and it really needs a string of events that can justify this price. Otherwise it will tank to 40cents and become a lost dog that degrades in the forest.
im hoping the poor results is a blimp and they can improve. The business world is seeking greater compliance devices to reduce liabilities/risk in many industries which gives Damstra a growing industry to play in.
DTC Price at posting:
56.5¢ Sentiment: Buy Disclosure: Held