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Re: gilead23 post# 99967

Friday, 08/12/2022 10:07:34 AM

Friday, August 12, 2022 10:07:34 AM

Post# of 112570
Thanks for the info on RCMT. I don't get the continued selloff this morning. Almost like panic selling. Nelson has a point on the seasonality, but the stock was down in the $15's yesterday before the CC began.

I'm adding more. But who knows how low the sellers take this. What a strange reaction to excellent numbers late Wednesday. Here's the earnings PR quote from the CFO. It doesn't exactly sound like the company is going to struggle for the rest of this year...they're even looking for 'robust' growth next year...and that's on top of some big numbers this year-

"We anticipate we will continue to see strong results for the balance of fiscal 2022, and now intend to focus on delivering robust growth in fiscal 2023.”

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