Aug. 19 at 2:43 PM
$TE Guys, this is not a binary stock with a catalyst that is going to “send it to the moon”. They are a legit company facing legitimate problems because of the **ckery of this administration which is leading to high interest rates and higher costs than expected to finish their second facility. This is not a political statement, it’s just how it is. My business is facing similar issues but on a much smaller scale. Prior to this it was COVID. Infrastructure is HARD right now because of interest rates, material costs, labor being deported, etc.
If you are looking for catalysts, big ones, it’s going to be down to the road and most likely their financial reports (hopefully with good news). They have a backlog, they have the demand, they have a plan, but yes they do have a lot of debt which is risky right now.
If you are looking to swing trade I would be bearish. If you have conviction/long then I am bullish.
Do your DD, and for the love of god ignore people who don’t. -repeated
