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hweb2

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hweb2

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Re: None

Wednesday, 05/16/2018 10:56:16 AM

Wednesday, May 16, 2018 10:56:16 AM

Post# of 113868
Anyone else playing FORD today? I'm a buyer in the $1.50's. Sold a few near $1.70. Now buying again in the $1.50's.

Still think this low floater spikes over $2 when the earnings PR hits in a few days. Fiscal Q2 revenues will be up 100%. They'll post Q2 earnings of .10/share vs. a loss. Just over .02/share from operations. But that didn't include a full quarter of the IPS acquisition. And I'm guessing there were some 1-time acquisition expenses in the quarter.

FORD has a solid balance sheet with .60/share or so in cash. This will be the first in a series of very favorable revenue comps. I'm guessing the commentary in the earnings PR will be quite bullish...talking about their potential to grow the top & bottom lines with the new acquisition.
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