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Re: larrybaz post# 59996

Friday, 03/15/2019 11:16:03 AM

Friday, March 15, 2019 11:16:03 AM

Post# of 113856
Agreed on FTEK backlog. They did announce $3M in orders in a separate PR yesterday. But yeah it's the kind of company that is going to have lumpy quarters/backlog. Sounds like they've dramatically lowered their cost structure at least, even more so after the suspension of the China operations. I get the feeling their 'bad' quarters will be around breakeven. While their 'good' quarters could be earnings of .05-.08/share.

Made it through the CC, not that I understood much of it. Sounds like lots of ways to win on FTEK. Think it's worthy of a small position, as could spike up to $2+ on the right PR. Especially in this bubbly market.

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