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Re: hweb2 post# 112023

Monday, 06/17/2024 3:24:21 PM

Monday, June 17, 2024 3:24:21 PM

Post# of 129716
TAIT - I started a position today. Last quarter was pretty bad, so I'm hoping that was the bottom as far as operating earnings go. On the positive side it is trading below tangible book value, has a rock of gibraltar balance sheet with lots of cash and short term investments, and a dividend yield of over 7 percent.

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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