we are doing about .18-.20 for full year 2014, do the math with a p/e of 30-40, but more imortantly, do the math after you see guidance for 2015
the 2/9 press release said net for 2014 is to be $2.6 to $3.0 million. The lowest number matches analyst estimates of .13 when subtracting the 600k 9 month net. That leaves upside of about .02
What is the news? They already told the market on Feb 5 that they made about $4.2MM in profit and $148MM in revenue last year. HPJ traded up 80 cents in less than 500,000 shares from the bottom of $4.48, there is practically no serious buying since bottom.
It should be SHORT on news instead.
I wish us all good fortune, I can assure you that you are not the only one that has been buying more.
I have bought in more HPJ every day this week at $4.54, $4.62, $4.66, $4.74, $4.80,$4.88 and my last batch this morning at $5.2115 and at $5 23. I won't add more on Monday, I am hoping for high estimate on 2015 earning and revenue on Tuesday. Wish me luck.
I like the company but just can't stand the way this market hammering the stock as if they don't exist.
There is no volume today, I believe they are still waiting for buyers to come in. Traders got hurt on Feb 5 and they are hesitating to buy here knowing short side has too much fire power. Traders might come in next Tuesday if projection is explosive this year. HPJ has a low margin business, small cap, it has a hard time to get attention from the market.
Just a fact of life that the shorts hedge funds have enough firepower to destroy stocks of their choosings. And they love to hate Chinese stocks... even if they are better than American stocks. It's the fat old white boys club on Wall Street and they are a gang of thugs and criminals.
just remember to sell Monday night before the earnings come out Tuesday. It really does not matter if they are spectacular... the shorts will pound this back into the ground Tuesday. Have seen this movie before. Shorts covering today and Monday into the earnings... because they always play it safe... just in case a miracle would happen and HPJ would run. Which it should have... about a year ago.