I've been off line for a month (hiking, it was miserable) and am out of touch. Have you fellas seen a state of play, calendar of short term catalysts for TEK?
In isolation, the valuation would suggest a good bet but absent new contract announcements the management missteps and deteriorating market conditions mean that this is, at best, a cigar butt for now.
Apologies to existing holders, but it's now/ still a stock to wait for a base to form before investing.
The company is scheduled to pitch at Proactive's Growth & Innovation Forum Feb 8. 'News' is never announced at these events but there should be a current summary of the state of play, general developments in the sector, etc.
Not jumping ship at Casa Gadouis. The decline hurts but this is not a speculative but a cash flow name. I've been picking away at small buys--with the headwinds in the market (as the dingdongs on TV have it) I've been keeping my buys small and increasing the gap between buy levels.
OPENSPACES: By way of clarity on my perspective, I'm new into the name--i've just a half position and will look to build with any decline in the price. That noted, thanks for your cautioning words today. Good or bad, the outlook for visitors to this board will have no impact on the price so having a dissenting view is nothing but a good thing for investors. (Last thing an investor needs are post cool-aid drones that one can visit on the bidstack boards.)
Saying that in five cities across the US, the ads (banners, car skins, etc.) are not present. Moreover, the near ubiquitous presence of ads in the games last year have disappeared. If they are still in other gps, all good, but ad placements have fallen off a cliff in the game.
The pivot to mobile games has radically expanded the number of titles on their platform, but has not resulted in a sufficient boost in revenues to take the place of the 4Q2020 AAA ad presence much less the expansion in revenues outlined in 2021 broker reports with Cenkos or the forecasts in the 2020 reports with Stifel.