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hweb2

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hweb2

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Re: hweb2 post# 101135

Monday, 10/17/2022 9:18:53 PM

Monday, October 17, 2022 9:18:53 PM

Post# of 114133
SOTK reports a lousy quarter. Fiscal Q2 earnings only .01/share. Revenues down 8% from last year, operating income down 60%. Backlog down 20% vs last year (which they conveniently left out of the PR ha). Weak guidance for Q3. Stock may not drop much if the market rally continues. I'll gladly add to my short position.

I have no idea why this stock is over $5. Puny earnings, no growth, and a sky high P/E. I wouldn't buy it in the $1's.

https://finance.yahoo.com/news/sono-tek-reports-second-quarter-210000999.html
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