Post by
1rockit on Aug 23, 2024 2:21pm
Short !
I think you made a smart move. Yes overbought but also I think the market was expecting more $ on the service side ! Yes the overall numbers look terrific, BUT the company has to do more than sell product ! It's a niche type of business. With the HUGE move in stock price the market, I believe was hoping for more of a balance between product sales and big contracts for services going forward . I didn't do my homework but believe the billion + backorders is probably most batteries and very specific niche equipment. Hopefully they don't run into problems with competitors!! Good company but I'm out for now . Good luck everyone