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larrybaz

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larrybaz

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Re: nelson1234 post# 112152

Monday, 04/08/2024 10:41:50 AM

Monday, April 08, 2024 10:41:50 AM

Post# of 113102
CVU - I noticed the same thing last night. I didn't see how they were coming up with 9 cents for the quarter. It might be a tax thing. Companies true up their taxes in Q4. The tax rate for Q4 many times is funky compared to the prior nine months.

I'm still holding a position. I was lucky to have some standing orders get executed as high as $3 in the pre-market. I'm not enthused about yet another accounting issue they announced the other day. I like the large backlog and the fact that they added to it this last quarter.

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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