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larrybaz

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larrybaz

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Re: nelson1234 post# 112108

Friday, 04/05/2024 12:44:15 PM

Friday, April 05, 2024 12:44:15 PM

Post# of 113354
AXTI - Joined you at $3.11 for a trade. I like the balance sheet, industry prospects, price to tangible book of .7 to 1, and the fact they're being defended by two different analysts. I'm not enthused about the analysts forecasting losses for at least the next two quarters.

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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