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Post# of 113882
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larrybaz

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larrybaz

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Re: nelson1234 post# 102453

Monday, 03/06/2023 8:51:59 AM

Monday, March 06, 2023 8:51:59 AM

Post# of 113882
SUP has been on a tear since announcing earnings last Thursday morning. It closed at $5.54 the day before earnings were announced. I don't like the massive amount of long term debt they are carrying or the state of the balance sheet in general, but what caught my eye was their projection for operating cash flow for FY 2023.

I wish I would have bought when earnings were announced, but I didn't. I bought this morning in the pre-market at $7.00. I guess we will see where it goes from here.

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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