Comment by
downwithdotcom1 on Feb 27, 2023 11:34am
maybe, but if the supply chain issues have improved along with the recent inflation clauses built in to the new contracts...SHORTERs will get burned BIG TIME...dwdc
Comment by
WizardFuture on Feb 27, 2023 12:01pm
I dunno. Sure looks like the earnings were leaked. I think we have 1 or 2 quarters left for bad legacy contracts. Look at BLBD that makes school bus, they just finished their last bad legacy contract last quarter and the stock is really flying. A school bus manufacturer, BLBD, has now a bigger market cap than NFI that does like 3X sales. I guess NFI really has bad debt...
Comment by
microcaphobby on Feb 27, 2023 8:37pm
No leak. The company filed a prospectus that it may issue shares in the next 2 years. No share price stated.
Comment by
WizardFuture on Feb 27, 2023 11:18pm
Yeah, a 20% drop for a debt and shares prospectus when we already knew they had to refinance in 6 months with the new debt covenants. It just does not make sense. The results were leaked and the results will be bad. Crooks are crooks.
Comment by
downwithdotcom1 on Mar 01, 2023 11:06am
up over a $1..just maybe, A LITTLE SHORT COVERING today ...burn, just burn shorties!!! dwdc