Coherent Incorporated (COHR)

[Slim6]

This company COHR is financially doing terrible. They are barely breakeven. Actually, recently getting worse than breakeven since they lost $90 million in the most recent 12 months. They don't have positive balance sheet. Now they have net tangible assets of negative $2 billion dollars. There were 104 million shares a couple years ago, but now they diluted shareholder such that there are over 155 million shares. Probably going to go BK within the next year. The company should have market cap of $2 billion at most. This would put the stock price at $13 per share. They continue to dilute shareholders. Be careful.