InvestorsHub Logo
Followers 308
Posts 21104
Boards Moderated 18
Alias Born 12/28/2002

Re: hweb2 post# 89810

Tuesday, 09/21/2021 3:39:13 PM

Tuesday, September 21, 2021 3:39:13 PM

Post# of 113521
PALT anyone? I rebought some around $3. Excluding that stock comp reversal and the other 1-times, plus the additional 1.3M shares, looks like they would have earned .06-.07/share last quarter. Not a crazy low P/E or anything. But they're sitting on over $10M in cash, or $1.20/share. Negative is the tough comps coming up, but they should be solidly profitable. And they may not be hurt on supply chain issues or the delta surge like many other companies.

PALT moved up to Nasdaq in early August. This profitable social media company could catch fire at some point. Wouldn't take much to push it back up to the $4's imo. Maybe higher if it got a pump on their digital tokens or the right PR. CEO did a little buying last month, so have to think business is at least decent-

https://www.sec.gov/Archives/edgar/data/1355839/000121390021043873/xslF345X03/ownership.xml
https://www.sec.gov/Archives/edgar/data/1355839/000121390021045027/xslF345X03/ownership.xml

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.