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hweb2

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Re: RNsidersbuying post# 68470

Friday, 02/14/2020 10:23:34 AM

Friday, February 14, 2020 10:23:34 AM

Post# of 113025
Yeah I'm kicking myself on EVI. Saw they had another crap report Monday after the bell. Earned only .02/share in the quarter vs. .10/share last year.

https://finance.yahoo.com/news/evi-industries-sets-records-revenue-213000997.html

Thought about shorting some. But this stock has been way overvalued for a long time. Market loves their growth by acquisition strategy for some reason...despite the continued poor showing on the bottom line. Plus the market is crazy buoyant right now. So I decided not to. EVI actually opened UP on Tuesday in the $27's after that lousy report. But then tanked later that day to the $24's. And then made another leg lower yesterday down near $20. Dang :(
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