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larrybaz

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larrybaz

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Wednesday, 10/12/2022 11:12:11 AM

Wednesday, October 12, 2022 11:12:11 AM

Post# of 114752
PPSI $2.66 - I took on a speculative position this morning. Company just announced a nice order today. Backlog rising nicely. Balance sheet looks pretty good with more cash coming in by the end of the year from a previous divestiture. Relatively small share count. Sexy industry. Its share price has been beaten down like so many others. Last quarter sucked, but things looking better going forward according to management. Haven't done a deep analysis, but so far looks interesting.

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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