I rebought a little TRT yesterday in the $8's. But not nearly enough...certainly wasn't expecting today's explosion to $11! I took some quick profits earlier in the mid $9's, way too soon.
Guess it's encouraging that there's still low float chasers out there. Even after the recent carnage on many small stocks. More microcaps popping 15-20% in a day might get buyers off the sidelines.
TRT looking attractive again back down in the $7's. Anyone else buying?
PR this morning too. A few weeks ago during the EV mania, news like this prob would have sent low floater TRT spiking back to $10+. Instead it's down today. There was a $10M prospectus filed late Friday which could be weighing...but with TRT profitable and already sitting on a bunch of cash...I don't see the company hitting this hard, if at all.
S.W. Yong, Trio-Tech's CEO, said "This new joint venture will operate a facility, only a few miles from our operations in Suzhou, China, with a team that has advanced expertise in burn-in testing and SLT for advanced semiconductor products and assemblies. The technical expertise and influence of the Chinese company, coupled with our experience in the burn-in industry, will create a significant competitive advantage in providing SLT and burn-in testing services for integrated semiconductor assemblies in the rapidly growing electric vehicle industry. We expect this joint venture to enhance the future growth of Trio-Tech."
News 
Market Data 
Discover 
