I agree - I gave a big toast at new years to Jason Raza, the CEO, who has kept his word by turning this company around, improving the balance sheet, delivering new products, increasing revenue and achieving 4 positive consecutive quarterly earnings.
The irony is that although the company has reported record revenue - highest in 10 years - it is currently valued at only a fraction of its price when revenue was lower and earnings were negative. I keep wandering when others will notice the 100% increase in revenues, strong driver agent sales, top 20,000 websites worldwide, 3 to 1 current ratio, strong balance sheet, positive cash flow, large insider ownership, high gross margins, low debt, 12 million shares outstanding. . . .etc. . .
Eventually - others will notice.
Until then
Cheers!!
DC |
