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Up about 18% today on heavy volume! Someone is accumulating this one. I am glad I bought some on the dip Friday.
Posts: 1458 | From: Ohio | Registered: Mar 2004
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WOW!! It closed up $3.31 (23%)! It also closed at the high of the day. It was gaining momentum during the last 5 minutes of trading.
Posts: 1458 | From: Ohio | Registered: Mar 2004
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Current earnings for the last Four quarters is $1.19. Average PE for industry is 18.9 which would put the stock at $22.50.
But the industry average for sales growth is 10%. This company is currently growing at more then 30% so I would say this one deserves a PE above the industry average.
One could argue it deserves a PE of at least 25 because it is growing at over 30% (Last quarter revenues grew by over 39% year over year). A PE of 25 gives you a price of about $30.
The share count is very low so even at $30 the market cap is still below $75 MILLION.
Posts: 1458 | From: Ohio | Registered: Mar 2004
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With todays drop it is now a good buy again IMO! I can't believe it went to $30! The quarter was actually pretty good.
Posts: 1458 | From: Ohio | Registered: Mar 2004
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fell off a cliff at the open, was watching. not surprising really, this was a low-float momo that just went ballistic and almost due for a correction, $30 range was too high imho. for as much as i was a tool for selling this one too early, i was really scratching my head at people paying $30 for it.
haven't read the Q yet, will read it later.
ready for football season yet, osubucks? just got my 4 michigan season football tickets in the mail, only missed a few games the last 19 years. we owe you some serious payback after last year! i miss john cooper, i loved that guy... am looking forward to texas/osu, that's gonna be a helluva game
Posts: 1698 | Registered: Mar 2004
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