Summit Wireless Technologies, Inc. (WISA) Social Stream
Featured Post From StockTwits About WISA
$WISA So they:OnlyWiSA, published August 14, 2021
- 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.