posted
I just found this one today! I do not own it yet but I like what I am seeing. First quarter was reported today and the snow storms affected them. But considering revenue was down there margins were up! Revenue was down 19% but for full year they expect revenue to be flat to down 5%. Keep in mind the first quarter is there strongest so they will grow the rest of the year!
53 million shares dilutive Over $23 million in cash. Book value= $1.20 Current PE= less then 5
Any thoughts?
Posts: 1458 | From: Ohio | Registered: Mar 2004
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posted
Stock has moved since releasing preliminary Q2 results which were much better then expected. When I posted this it closed at $1.73 and I think the outlook is alot better now. Thinking of getting into it but it has run up to $2 quickly. PE is below 5 tho. Any opinions??
Posts: 1458 | From: Ohio | Registered: Mar 2004
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posted
Still hoping for an EOD sell off but in the last half hour volume has picked up again so I don't think its going to happen. Might start a position at current prices.
Posts: 1458 | From: Ohio | Registered: Mar 2004
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posted
Picked some up. Will see if the $2 level can hold tomorrow. If volume can stay high and the $2 level holds tomorrow will be a positive. But would like to pick some up in the $1.80's. PE below 5 still.
Posts: 1458 | From: Ohio | Registered: Mar 2004
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posted
Pulled the trigger. I would say this is a pull back. Got in around $2. Will add if it goes lower.
Posts: 1458 | From: Ohio | Registered: Mar 2004
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posted
Reported Q2 earnings today! -- Revenue Increases 22% to $78.5 Million -- -- Net Income Increases 37% to $7.6 Million -- -- Diluted EPS Increases 40% to $0.14 --
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