"Been following TROX for a while, but I'd like to see some earnings ... "
It has never made sense to me to put one's money into a company's stock when it is making a LOSS, especially if it's an INCREASING Bottom Line loss ---->
In addition, this company is already LOSING money at its Pretax level.
It should not be surprising that TROX's chart looks like this ----->
Should one have one's eye on a stock, such as TROX, it would, IMO, be better to wait until one at least saw an improvement in its Bottom Line with an ongoing REDUCTION in its Losses, and hopefully starting to make a PROFIT, which should start attracting investors, and thereby moving its stock price in an UPWARD trend.
After all, it's a Positive Bottom Line which contributes to a more favourable Balance Sheet as Total Assets improve against Total Liabilities, and there is also more Revenue available for Dividends. |
