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larrybaz

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larrybaz

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Re: nelson1234 post# 102552

Friday, 01/06/2023 10:11:32 AM

Friday, January 06, 2023 10:11:32 AM

Post# of 129728
RELL - I don't think it looks expensive for sure. It got hammered down about 20 percent in the four weeks or so leading up to their earnings announcement. Seems to be a lot of potential upside in the electrification area from what they said in the conference call. I was just a bit disappointed with their answer on the call regarding what they consider significantly increased sales and profits in fiscal 2023.

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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