funny how the float is supposedly tiny yet there is always a cascade of selling whenever it spikes. will be interesting to see how many new shares they issued in q4. not surprising they're waiting until after the close to put out the 10-K.
q4 net income was down nearly 50%. funny how they don't even report the q4 results and make investors back the numbers out. par for the course with this company. they have exposure to oil and gas and their electronics business is cyclical. and they're highly leveraged in a rising interest rate environment.
it's not hard to achieve that growth when you're buying companies left and right. More important is organic growth and profitability. All these acquisitions will either lead to high leverage, dilution, or both. And one misstep and it's lights out with that aggressive strategy.