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Re: None

Wednesday, 10/02/2024 2:55:48 PM

Wednesday, October 02, 2024 2:55:48 PM

Post# of 118025
Anyone still follow DXYN? Stock getting whacked today as it appears they're getting delisted tomorrow. I'm going on this filing from last Thursday (not sure why wait to sell today in the .50's instead of the .70's late last week)-

https://www.sec.gov/ix?doc=/Archives/edgar/data/29332/000002933224000053/dxyn-20240924.htm

Guess the company didn't file an appeal. I don't see anything for sure, but sellers seem to know they'll be delisted. Might be an opportunity as those sellers puke out their shares before the close.

DXYN would save money on the pinks (AATC comes to mind). And I thought the company had a nice Q2 turnaround-

https://finance.yahoo.com/news/dixie-group-reports-result-second-123000373.html

If the Fed keeps cutting rates and the home remodel market rebounds, DXYN could be a multi-bagger from here. I snagged a few for a gamble (already underwater ha) and will be accumulating.
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