Its Over, page-22840

Well, Droneshield (DRO) is another example of how stocks front-run their delivery and while the momentum is strong, market participants take their eyes off risk and assume the north bound trajectory is limitless.

As it hit a $2B market cap on $16m quarterly revenues and $9mil profit, it had already factored in all the hundreds of millions of revenues it projected to receive in the coming quarters.

Sometimes you have to wary about companies making presos showing the pipeline of revenues that are coming ahead when they are merely bids that could look promising but not yet secured.

Suffice to say HC loves baggers, and they easily fall in love with them, rather than secure their profits before the stampede.