BB's Stock Haven

[WallStreetSTTA]

$SHLO -Many traders are wondering why BUY" just another Chap 11 ticker with volume?
nope SHLO is much more than that!!! SHLO have the potential to hit $2-4 in a single day READ:

FLOAT-15.5m-super low float, can rocket really fast.
Wall Street analysts- Given price Target of $4

CASH ON HAND- for $100m+ and no interruption to day-to-day operations...including customer commitments and incoming shipments from suppliers.
Grouper Holdings, LLC (“Grouper”), a subsidiary of MiddleGround Capital LLC
will acquire substantially all of the Company’s assets, including the equity interests of
certain of the Company’s direct and indirect subsidiaries for an aggregate consideration of $218 million in
cash.https://shilohrestructuring.com/wp-content/uploads/2020/09/Shiloh-Industries-Inc.-Receives-Court-Approval-of-22First-Day22-Motions-to-Support-Business-Operations.pdf



TWITTER-

Shiloh has received GM's 2019 Supplier Quality Excellence Award at our Warren and Wegman Drive facilities. The award recognizes top performing suppliers who have demonstrated consistent quality performance throughout the year. https://t.co/ZvoKeGUxFt pic.twitter.com/A4NuYhZ454

— Shiloh Industries (@ShilohInd) June 24, 2020

Another KEY" detail, SHLO is traded on the NASDAQ which means they need the price to be much higher.
This is the stock you buy 100k size and hold..JMHO.GL.