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S&P 500
5,615.35
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0.55%
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US TECH 100
19,791.20
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0.58%
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40,000.90
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0.62%
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larrybaz

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larrybaz

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Re: larrybaz post# 98724

Wednesday, 06/29/2022 1:45:23 PM

Wednesday, June 29, 2022 1:45:23 PM

Post# of 114313
HDSN - Looking back, those operating projections were actually in their 2022 Q1 report issued on May 4, and out previous to that apparently. From the Q1 report:

"We previously communicated longer term targets for 2023 through 2024 with annualized revenue and operating income of $350 million and $72 million, respectively. With our visibility today, assuming the first quarter pricing trend continues, we believe we are on a path to reach those longer term targets at a faster rate than originally expected, as we begin to experience the initial impact of the AIM Act and its regulations."

So, I have no idea why it is headed down beyond the weak market.

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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