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Re: None

Thursday, 02/29/2024 12:01:30 PM

Thursday, February 29, 2024 12:01:30 PM

Post# of 112889
R59- WW, just looked at 10K

Re, here's my take. Balance sheet is still terrible, with twice liabilities over assets, and huge long term debt of $1.4B. Growth in total revenues has been falling about 10% every year since 2021, and gross profit margins getting smaller. Not a good combination. However from what I read on Yahoo Finance, 2024 revenues are supposed to be a tiny bit better than 2023, and 2025 10% higher than that. So to answer your question, I'd say, the stock isn't expensive here, but unless revenue growth and profit margins pick up, I'd stay away from the stock as a long term hold. On the short term, I have no idea, but have no plans to chase, despite the sell off today.

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