Baylin has been receiving some chatter within the Wolf Den discord as of late. Not by me, but requests have come in for a review so here we sit. I tend to review a lot of companies and sometimes I forget that I’ve covered them previously, as is the case with Baylin.
I think this image speaks for itself as to how it went the last time.
The stock is down about 50% in the eighteen months since that review, but it is actually up 20% over the past twelve, trading in the 22 to 30 cent range for most of that time.
Not today doesn’t mean forever. The company has been on the small cap conference trail promoting the company of late. That timing is not coincidental - they are coming off of a large acquisition announced a couple of weeks after their recent Q1 in mid May.
Therefore this review will need to dig a little deeper than just their recent financials.
Not today but….