Jul. 15 at 3:14 PM
$REKR No. It will not get us anywhere. This price range will be on place for some time and REKR will not be immune to any market drop. That's my view. While metrics are improving, revenue for instance increased just 1.9% compared to last year. This is very very slow, especially for a technological company. REKR needs new contracts as well as more sales as part of the current ones.
On the other hand, financial metrics are improving due to streamlining efforts and that should put a more or less stable bottom under the share price in the low
$0.60s. Dips would be bought but there's no reason for me to hurry to increase my position. I like REKR, but keep a cool head. A buck is still months away.