Summit Wireless Technologies, Inc. (WISA) Social Stream



Summit Wireless Technologies, Inc. (WISA): $0.72

0.00 (0.03%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

Featured Post From StockTwits About WISA

$WISA So they:
- guided for 180% increase in 2021 revenue compared to 2020 (which will obviously like always is the minimum and I expect it to be more around the 230%-300%)
- They grew their gross margins almost ten times in a year
- They are expecting more products and partnerships
- They are "well capitalized" for 2022
All of this while there's a chip shortage so some of the brands are delaying their shipments or debuts.
And this stock still goes down?😂
Clearly people don't know how to read past the headlines. Net loss is only the same because they had a one time expense, otherwise the net loss would have shrunk.
I'm just buying as much as I can afford to so in the next 3 years I can quit my tech job.
OnlyWiSA, published August 14, 2021

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