Savvy Trades and Investments

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TRT looking attractive again back down in the $7's. Anyone else buying?

PR this morning too. A few weeks ago during the EV mania, news like this prob would have sent low floater TRT spiking back to $10+. Instead it's down today. There was a $10M prospectus filed late Friday which could be weighing...but with TRT profitable and already sitting on a bunch of cash...I don't see the company hitting this hard, if at all.

https://finance.yahoo.com/news/trio-tech-signs-joint-venture-143000221.html

S.W. Yong, Trio-Tech's CEO, said "This new joint venture will operate a facility, only a few miles from our operations in Suzhou, China, with a team that has advanced expertise in burn-in testing and SLT for advanced semiconductor products and assemblies. The technical expertise and influence of the Chinese company, coupled with our experience in the burn-in industry, will create a significant competitive advantage in providing SLT and burn-in testing services for integrated semiconductor assemblies in the rapidly growing electric vehicle industry. We expect this joint venture to enhance the future growth of Trio-Tech."