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Re: nelson1234 post# 106729

Tuesday, 08/15/2023 12:09:46 PM

Tuesday, August 15, 2023 12:09:46 PM

Post# of 114652
Solid quarter for FRD but a brutal comp. Think guidance was the issue. Lower revenues & margins for the current quarter. Not going to cut it with the stock up so much in recent weeks. I actually scalped a few on the short side at the open. Not sure why the insider buying in the $16's now. I think FRD pulls back more, but maybe the positive X news yesterday keeps a bid under it.

https://finance.yahoo.com/news/friedman-industries-incorporated-announces-first-202400608.html
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