I am buying more.
The biggest reason I wasn't buying is now gone
It is okay to have doubts about the future, but they are nearing an inflection point. They were at one point almost reaching that stage in the past but previous management were too obsessed with increasing revenues no matter margins.
This management team is completely different. They are focusing on the long-term viability of the company and they have a decent shot to get there.
The other thing I am looking at is for stale holders to sell out, flush the registry of those holders who think no matter what this management crew do, there is no future in the company. People tend to be completely bias in these situations which is why they need to flushed out. And then sentiment will shift, especially if that comes with a cash flow positive quarter.
I think that is happening right now. They are not far away from being cash flow positive and stale holders are selling out.
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3 | 544500 | 0.006 |
Price($) | Vol. | No. |
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