So, you're saying don't think about the fact that the high SGA on this company is throwing it into negative net income? What are they doing that requires so much SGA? Wouldn't it bode better for their future if some of that SGA expense were in the R&D row?
I'm not bashing so much as I'm trying to understand.
Other than the current upwards trend, what do you see in this company that indicates that current trend will sustain itself rather than take a sudden downward direction at any time?
Please explain what you see that makes you believe that. This company has a negative net income; a current ratio no better than 0.6; and it's SGA is 90% of its gross profit. I'm not trying to antagonize you; I'm just trying to understand why this stock is as high as it is.