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Microcap & Penny Stocks : Microcap Kitchen Canadian Stocks

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To: Ploni who wrote (48915)4/3/2019 2:23:11 PM
From: radost1 Recommendation

Recommended By
Ploni

   of 49402
 
Revenue was down a little this quarter and on the conference call they said Q1 revenue would be modestly down. They have new products in the pipe. There wasn't anything in the call that stood out to me as really bad. I think there were investors looking at the >60% growth from this past year and had the same expectations for this year, and now the CEO has told use that for 6 months the revenues will be flat to down. I think it is an overreaction especially as the stock will trade on the Nasdaq soon. The P/E will go from 25 yesterday to 16 after this quarters information and the stock drop so it will show up better on on screens once it gets on the Nasdaq.
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