NEW NIFTY BULLISH INFO ON ASPU AND SILVER MINERS
Aspen Group delivers a quarter with once again PROFITS:
LINK to Aspen: https://finance.yahoo.com/news/aspen-group-reports-second-consecutive-120000813.html
Emphasizing the headline points again:
Second consecutive quarter of net income of $0.4 million
Revenue increased to $11.4 million, led by growth from USU
Disciplined cost controls deliver operating income of $0.7 million
Positive Adjusted EBITDA of $1.9 million as compared to $0.4 million
Third consecutive quarter of positive operating cash flow of $0.4 million
This reinforces out pitch that ASPU is a STRONG BUY.
It remains curious to me why the stock remains so depressed. I assume that the main reason is that there is no major source of buying since the stock continues blocked from the main level of NASDAQ and nobody follows the stock and the company itself, while to its great credit is now again reporting quarterly results has not gone beyond that to pump up buying of the stock to ramp up the price.
By contrast (again I assume) a large number of shareholders bought the stock prior to 2020 when its price was dramatically higher. In ASPU’s glory years from 2016 to 2020, the stock, currently 8 cents, was selling between $1.50 to $10 per share. Therefore, tax loss selling is holding ASPU down.
BUT…
Keep reading with a 7-day free trial
Subscribe to The Occasional Speculator to keep reading this post and get 7 days of free access to the full post archives.



