We came across a bearish thesis on Power Solutions International, Inc. on Waterboy Stocks’s Substack. In this article, we will summarize the bulls’ thesis on PSIX. Power Solutions International, Inc.'s share was trading at $103.72 as of September 26th. PSIX’s trailing P/E was 21.56 according to Yahoo Finance.
Power Solutions International (PSIX) has seen its stock surge nearly 4,500% over the past thirty months, but insiders are now selling heavily, raising concerns about aggressive accounting practices. The company, once led by former CEO Gary Winemaster—charged in 2019...
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