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larrybaz

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larrybaz

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Re: hweb2 post# 90591

Thursday, 09/02/2021 12:10:07 PM

Thursday, September 02, 2021 12:10:07 PM

Post# of 113948
SCX - This quote from the CEO in the earnings PR sounds promising:

"Fiscal 2021 was a strong year for Starrett, and our Company’s resiliency was on full display and rewarding on many fronts,” said Douglas A. Starrett, Chairman and CEO. “Our team accomplished our goals, while successfully navigating the pandemic. We strengthened our financial profile and successfully completed our strategic initiatives with results exceeding our expectations, all setting us up for a strong future.”

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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