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larrybaz

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larrybaz

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Re: hweb2 post# 106745

Tuesday, 08/15/2023 2:24:03 PM

Tuesday, August 15, 2023 2:24:03 PM

Post# of 113879
I've noticed a few infrastructure companies on the new highs list recently. They seem to be in vogue.

SMID eked out a slim profit last quarter, and now they will be posting a loss. I agree that they need to do a little better to support that $23 stock price. The last earnings PR sounded pretty optimistic to me.......not indicative of a bad quarter on the way.

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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