Welcome back to the BeachBum Trading channel, where we discuss potential top turnaround plays in the market. Today, in this [EXTR | Extreme Networks Inc. | Quick Take] video 🎥, we have another company that has caught our attention – Extreme Networks Inc. Extreme Networks is a communication technology company that has been struggling for quite some time, but has recently shown some signs of a potential turnaround.
In the past, they have had negative earnings, but their revenue slightly beat expectations. Although they reported a loss of 6 million, it’s not a significant amount in the grand scheme of things. On top of that, they have reported positive earnings in the previous quarter, which leads us to question whether this could be the bottom for Extreme Networks.
However, we have to address the elephant in the room – Extreme Networks has high levels of debt, which is a cause for concern. This raises the question of whether it could be considered a “zombie company” or one that we should stay away from. It is important to note that the company’s stock is optionable, with minimal discrepancy in the float. Unfortunately, the company’s performance has been poor this year, and they have recently reported earnings that fell below expectations, leading to a drop in their stock price.
🔴 Please also Join us in the BeachBum Trading Community by Subscribing to the BeachBum Trading YouTube Channel at 👉 https://www.youtube.com/c/BeachBumTrading?sub_confirmation=1 and Please Click the Bell Icon 🔔 so that You are Notified and Never Miss an Episode of BeachBum Trading. All for FREE.
📖 CHAPTERS 📖
00:00 – EXTR | Extreme Networks Inc.
05:01 – BeachBum Trading Sites
05:49 – Discord Invite
🎥 RELATED VIDEOS 📟
🎥 How To Do Your Due Diligence [DD] on Stocks in ChartMill | How To Do Due Diligence on Stocks 👉 https://youtu.be/op2lD_1Zbvk
🎥 How To Do Your Due Diligence [DD] on Stocks in FinViz | How To Do Due Diligence on Stocks | Tutorial 👉 https://youtu.be/58v49on6kIU
🎥 Top Swing Trading Stocks to Watch 👀 | 5/13 – 5/17/24 | MSB GDXD ZSL CRT MOS SIRI EXTR USIO & More 👉 https://youtube.com/live/gdcXZic-uQk
👉 Please find and watch 👀 All of the 🎥 videos wherein we briefly show you how we perform some of with our Due Diligence [DD] on some other individual Stocks / Symbols / Tickers, All for FREE, in our [Due Diligence] Playlist at 👉 https://www.youtube.com/playlist?list=PLH_4RiO370FM49UzlSB7YUiAozukKIO4A
🧰 TRADING TOOLS USED IN THIS VIDEO 🧰
🛠️ ChartMill 👉 https://bit.ly/3By9g4X
🛠️ FinViz 👉 https://bit.ly/3h7r8M3
🛠️ Webull – Get FREE stocks with Webull 👉 https://bit.ly/3jKfvw5
🔽 REFERENCES 🔽
📝 EXTR – Extreme Networks Inc. – Home Page 👉 http://www.extremenetworks.com/
📝 Profile of Extreme Networks Inc. (EXTR) stock | ChartMill.com 👉 https://www.chartmill.com/stock/quote/EXTR?a=152324
📝 EXTR Extreme Networks Inc. Stock Quote 👉 https://finviz.com/quote.ashx?a=311864277&t=EXTR
📝 Extreme Networks Inc. (EXTR) Stock Price Today, Quote & News | Seeking Alpha 👉 https://seekingalpha.com/symbol/EXTR
📝 Weekly Trading Game Plan Notes for 5/13 – 5/17/24 – Part 2 👉 https://docs.google.com/document/d/1BtU7tEhmV4hz9-fL8QHYlyvS_ZJBYOdb_PEaja3yPMU/edit?usp=sharing
💰 OUR FAVORITE TRADING PLATFORMS 💰
✅ Webull – Get FREE stocks with Webull 👉 https://bit.ly/3jKfvw5
✅ E*TRADE – Use our link and we both get rewarded! 👉 https://bit.ly/3zP6rvB
✅ Public Investing 👉 https://bit.ly/3M5eACK (Referral Code: MichaelSDeVries)
#EXTR #BeachBumTrading #duediligence
👀 BeachBum Trading on Social Media 👀
🌐 To See 👀 any Daily Changes to our Watch List(s), “Real Time Alerts” 📣 of our Buys, aggregated News on our current Positions, etc., … Please watch / keep an eye 👀 on the Comments section of this video, below, and/or … Please also Follow BeachBum Trading on:
👉 Patreon at: https://www.patreon.com/BeachBumTrading
👉 Discord at: https://discord.gg/BXTE6bdkmZ
👉 Twitter at: https://twitter.com/BeachBmTrading
👉 Pinterest at: https://www.pinterest.com/stocks1thevcf
👉 Facebook at: https://www.facebook.com/profile.php?id=100054334621367
👉 Facebook Group at: https://www.facebook.com/groups/434697884890399
👉 Facebook Page at: https://www.facebook.com/Beach-Bum-Trading-110655101593103
👉 Instagram at: https://www.instagram.com/beachbumtrading/
👉 Reddit at: https://www.reddit.com/r/BeachBumTrading/
🏡 Please also Visit the 🏖 [BeachBum Trading] [Home Page] at 👉 http://BeachBmTrading.com
🏖 Please also Join Us in the [BeachBum Trading] Community [Discord Server] 🎮, for FREE, at 👉 https://discord.gg/BXTE6bdkmZ
🙏 Please Help us be able to continue to produce frequent quality content to help You Learn How to Trade so that You may Achieve the Financial Freedom You Want and Deserve to be able live the BeachBum lifestyle and/or any kind of life that You would like to live! and get Access to our New BeachBum Trading Community Discord Server Now by Supporting BeachBum Trading via Patreon at: https://www.patreon.com/BeachBumTrading