RE:Financials
mjh9413 wrote: Their gross margins are seriously NOT a joke. They owe over $30MM and I wud love to see how lenders determined they would ever pay it back. eom
I did my due dilengce on this stock over the last 6months to 12 months ago
at that time I felt they over expanded took on to much debt and had to much unused capacity now that
rates are going up rapidly and we are enntering into a recession
I would be surprised if they don't go bankrupt by in the 1st half of 2023 or sooner
The stock has gone up 60% since I last looked at it I think this is the time to sell or at least lighten up by a substantial amount
Full enclosure I do not own this stock but