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larrybaz

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larrybaz

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Re: hweb2 post# 79364

Thursday, 11/05/2020 11:50:33 AM

Thursday, November 05, 2020 11:50:33 AM

Post# of 113996
I'm looking at a lot of these earnings reports lately with a jaundiced eye. Many of these companies have sharply lower expenses due to layoffs, cutting back on product development, holding off on maintenance, less travel, pay cuts, etc. This has juiced the bottom line nicely for some companies. How long can this go on?

I have seen lots of $1 stocks with strong earnings and solid balance sheets triple, quadruple and more, but I have yet to see one go below zero.

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