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Re: pennyrich post# 151961

Saturday, 04/25/2020 9:41:10 PM

Saturday, April 25, 2020 9:41:10 PM

Post# of 186029
You pretty much nailed it. Disposable surgical gowns. It was a pr suggesting that they got a new contract. It is a short term deal if it is real, but at $1 mil, it represents a 7% increase in potential revenues. The company needs the cash and hopefully they really got this deal.

As for stock price, it caused a one day bump. Great for day traders. But the overall health of the company - they would need to put out one of these PR's every week for about 2 months to get investor confidence. It would also help if they talked margins - but making money on the virus seems to be uncool.