InvestorsHub Logo
Followers 78
Posts 3823
Boards Moderated 0
Alias Born 12/31/2004

Re: hweb2 post# 100233

Monday, 08/22/2022 8:46:56 AM

Monday, August 22, 2022 8:46:56 AM

Post# of 113947
MICS - I thought the report sounded pretty good with a mitigating factor being the Walmart rollout is a one-time thing, and this last line of the PR sounds a little ominous to me:

However, inflation concerns still persist and we do continue to see broader inventory overhang at the retail level which is weighing on purchase orders,” concluded Atkinson.



Being a low floater, though, any movement up or down would not surprise me.

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.

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.