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larrybaz

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larrybaz

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Re: maxluke1 post# 102630

Monday, 04/03/2023 10:06:05 AM

Monday, April 03, 2023 10:06:05 AM

Post# of 129714
TAIT - Sold my position even though they are paying a nice dividend. This statement in the 10-K issued Friday isn't exactly encouraging:

In 2023, we expect sales to decline, due to some of our customers building inventory during the pandemic which has reduced demand.

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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