I meant to get to this one earlier, but the financials dropped while I was in Vegas for the Planet Microcap Showcase and then others took priority when I returned. It’s a new week, so no time like the present.
I downgraded Omni-Lite last time out mainly from their P&L impacted from a very poor margin performance in Q3. Their YTD looked much better but the market still punished the stock very heavily, sending it down by 40% between reporting Q3 and Q4.
They have rebounded somewhat since reporting their annuals. Enough to get back into my good graces? Let’s find out.
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