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Baylin Technologies Inc T.BYL

Alternate Symbol(s):  BYLTF | T.BYL.DB

Baylin Technologies Inc. is a Canada-based diversified, global wireless technology company. The Company is focused on the research, design, development, manufacturing and sales of passive and active radio frequency products, satellite communications products, and supporting services. The Company’s products are marketed and sold under the brand names Galtronics, and Advantech Wireless. The Galtronics line of business designs and manufactures innovative wireless antenna solutions for customers embedded and infrastructure enabled products. The Galtronics line of business is comprised of two business lines: Embedded Antenna, and Wireless Infrastructure. The Satcom line of business designs and manufactures customizable satellite RF products for highly specialized wireless communications markets and for commercial, critical infrastructure, government and military clients. The Satcom products are manufactured at the Company's facilities in Canada and the United States.


TSX:BYL - Post by User

Comment by AlwaysLong683on Jan 20, 2022 7:43pm
102 Views
Post# 34340454

RE:RE:Concerns About Baylin

RE:RE:Concerns About BaylinRay, you can add DOC, THNK, and MDF to the list of Takacsy picks that have tanked over the past year.

True, Canadian small cap tech stocks were hit pretty hard in 2021, but his picks seemed to take an even bigger beating than many others in terms of % of share price loss.

The only one I invested in was MDF. I got in around 14.00 and out around 11.00, taking a notable loss, but the shares trade at under 5.00 now, so I saved myself a lot of money plus a lot of stress in exiting the name when I did - sometimes you've just got to admit your mistake, take the capital loss, and move on. I have seen posters on other BBs clinging to shares that just keep going lower and lower, claiming they believe the names are near a bottom multiple times along the way. In my view, it's better to admit you're wrong and stop the bleeding than refusing to take a capital loss only to create a bigger capital loss or sink more money into the stock along the way, thus adding to your total loss in absolute dollar terms.



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