RFIL - Traded up into the 10s yesterday after hours. I guess some folks weren't paying attention to the one times in there. I agree that it doesn't seem like a great bargain in the 8s. This 5G bonanza always seems to be in the distance.
As you mentioned the backlog is very strong, and this from the CEO on the cc is also encouraging:
"While it’s tough to predict timing on certain larger orders and the related fulfillment, with what we know today, we expect to see a steady increase over the back half of the year, with continued sequential revenue growth in both Q3 and Q4."
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.