$BBOX,,johnolstone,,thanks for your post on Blackb
Post# of 22755
(Total Views: 233)
Posted On: 08/12/2017 10:39:29 AM
Re: johnolstone #18604
$BBOX,,johnolstone,,thanks for your post on Blackbox as I have been curious about why this company just continues to go down. Changing management, changing direction, trying to grow internationally and getting away from its core business have all helped to bring the pps lower. I read the last three Annual Reports as well as several quarterly reports (yes, I have nothing better to do on a rainy Saturday morning). They actually have grown revenues with our government (which I have learned is not hard to do), however they have elected to not chase smaller fish for quick profits as opposed to spending the time and cash trying to attract bigger contracts. It appears this is what has cost them.
The bottom line to your post,,,I agree with you, it just took me awhile to get there (LOL).
I think we will see this head upward this week as much of the sell-off was one of fright, but this is the type of stock and chart will prevent many from getting back on board. I plan to buy Monday and hold for a few days, maybe a week or two. (Or maybe an hour - depending on the return)
The bottom line to your post,,,I agree with you, it just took me awhile to get there (LOL).
I think we will see this head upward this week as much of the sell-off was one of fright, but this is the type of stock and chart will prevent many from getting back on board. I plan to buy Monday and hold for a few days, maybe a week or two. (Or maybe an hour - depending on the return)
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'Everything works out in the end,,,If it hasn't worked out,,it's not the end'
https://twitter.com/twitter/statuses/957208055766241280
https://twitter.com/twitter/statuses/957208055766241280
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