Joe, Congrats on turning a profit with this puppy. It's a real art,(I know). My revenue and earnings numbers are close to yours for this last quarter, only a bit lower with the possibility of being significantly lower.
IMO, the EdHeads would have shared the "good news" if there had been any. Thus, the increased marketing expenses along with pricing changes will take their toll on what I believe to be relatively flat unit sales on the SyJet. BTW, watch out for the words "due to industry-wide component shortages" again this quarter.
If you're dead set on buying again, I'd wait until earnings. Unless there's some news or a statement regarding when they might return to profitability, we'll soon be seeing the lower 2s before you can say "Rocket".
I'm certainly not convinced that the EdHeads have changed their selfserving ways, and I hope all these new investors are doing their homework. This is all just my opinion of course.
Regards - Dale |
