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larrybaz

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larrybaz

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Re: researcher59 post# 106705

Monday, 08/14/2023 2:03:23 PM

Monday, August 14, 2023 2:03:23 PM

Post# of 113879
RCMT - Congrats, Researcher. That was a great opportunity. This came out this morning, also:

RCM Technologies price target raised to $22 from $19 at B. Riley

B. Riley raised the firm's price target on RCM Technologies to $22 from $19 and keeps a Buy rating on the shares post the Q2 report. The company's "prudent" use of cash flow to aggressively repurchase shares sets RCM up for further growth and value creation, the analyst tells investors in a research note. The firm expects the shares to continue to be re-rated higher as investors gain greater appreciation for management's actions over the past few years.

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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