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Non-Tech : Income Investing

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To: E_K_S who wrote (47000)12/4/2021 11:44:04 AM
From: FL_Guy2 Recommendations

Recommended By
brehm233
lilylady

   of 52143
 
Re: Broken preferred; SOHON/SOHOB & OTRKP

OTRKP looks like a disaster waiting to happen, or is already happening. They lost two of their largest customers earlier this year. The stock dropped like a rock as a result.



Earnings have sucked, loss of two largest customers not going to help that. Next year forecast has some big stalactites. I had mentioned back in August I thought this had 50/50 chance of seeing dividend suspended. I'd move that needle more negative now.


Too many warning signs in my face to take a stab at that. Could be I'm foolish, won't be first time. I wish you well on that investment.
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