InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,459.10
(
1.11%
)
US TECH 100
18,584.00
(
0.35%
)
Dow Jones
40,589.34
(
1.64%
)
Brent Oil
80.22
(
-0.45%
)
Bitcoin
69,454.68
(
2.44%
)
Post# of 114752
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

larrybaz

Send PM Follow Ignore
Followers 77
Posts 3856
Boards Moderated 0
Alias Born 12/31/2004

larrybaz

Member Level

Re: Knowledge is King post# 95352

Tuesday, 12/13/2022 10:42:51 PM

Tuesday, December 13, 2022 10:42:51 PM

Post# of 114752
UUU $2.12 - Merger agreement has been terminated. I bought some on the news. The company they were going to merge with had barely any revenue and was losing all kinds of money.

They were going to try to sell their legacy smoke detector business. I wonder what the plan is now?

I think this low-floater (1.75M shares) has good upside from here in the low 2s. Last quarter they had EPS of 9 cents, although most of that was from the employee retention credit. Nice balance sheet and trading close to book value.

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.

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Join InvestorsHub

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.

Sign Up