Circa 10-12 years ago Warren Kanders et al acquired the corporate shell of what was once Clarus Corp. (CLRS) and along with it a couple hundred million in NOL carry forward. Clarus Corp then acquired Black Diamond, became BDE, and has these NOLs available to use. The NOLs have cash value to an acquirer.
NOL is now $167 million or about 1/2 of BDE's market cap. Most of Wall Street as well as individual investors have lost track of this "hidden" value. Now BDE is growing their revenues on top of that.
An acquisition of $15-20 per share isn't out of the question, in my opinion. Do your own DD.
he's like the idiots on the market pulse begging for it to drop because they keep shorting. just read into the earnings report. They did very well. and looking for other options to increase revenues. I'd say this is going higher. I took a position at 9.10 today and think this will hit 10.50 tomorrow. Solid chart today after all the idiots talking about a huge drop. They are pumping for a drop. Just do some DD.
Really? Right after you said this will go to $9.50 today? BDE should have no problems holding here. It is nice how BDE's quality products are finally getting the recognition it deserves.
I really am surprised with the results of Godzilla Alerts. If you wanna get some great alerts then you should really look into them. Google Them. They are sending out another alert in the next 2 weeks. If you need to make some great trading profits then look them up.