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Re: alchemytrader post# 50

Monday, 07/27/2020 11:38:37 AM

Monday, July 27, 2020 11:38:37 AM

Post# of 174
I think SCKT should be fine. Normally their business is breakeven to slightly profitable every quarter. The next couple quarters may be rough, same as for a lot of companies. Guessing SCKT will have some losses, but they did get a ~$1M PPP loan in April to tide them over.

That said, if they'd known the stock would have gotten a ridiculous spike to $4 today on such basic news...they'd have put a shelf offering in place imo. Why not take advantage of this frothy market.
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