This company has been in business for over 30 years!
This company is making a real money!
This company has done work for Stratasys.
The float is only a little over 1.5 million shares out of 2.74 million outstanding.
The stock hit $13.31 in Sept 2000, $12.37 in April 2002, and $14.74 in July 2008.
So another run to $12 + is not out of the question.
I have held a position in NSYS for several years and added with the passing of Mr. Kunin. NSYS is not a great business but the stock was selling much too cheaply. I think there is a reasonable chance that the Kunin heirs will act to sell the whole company. I have a whole strategy (Venerable owner) dedicated to these types of situations. With the latest quarter, the business is improving. I took some profits this morning in the 8-9 range but still hold positions.
If you are looking for a micro-cap with possibly exciting printing technology, take a look at IKNX. The key there is Mr. Joseph Nerges, an outside investor who owns a very large position. I added to IKNX today.
Edward J. Roche
President Freedom Mountain Investments