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Could you shed some light on why the drop today?
I think the drop is due to alot of sellers reacting to there being some volume.I have gotten in this stock waiting for a buy out from GE, which should happen this calendar year. If you want to take the profit, which people are doing (18,000 shares have traded today, those are not people who bought at 9 or more, these are people selling from 6) today, go right ahead. I have some money coming in from selling some metals, and plan to buy more NSYS. Read the annual report and tell me that GE does not need an EMS exaclty like NSYS.
Just wait, 150% is better than SIMCs 120% and it is up tremendously. Both are similar businesses.(electronic parts)
there are only 2.6 million shares outstanding. this year, the sales of NSYS will reach $100 million. if GE is going to buy this company, i think GE will have to pay at least $40/share or more.