personally i think the stock just took a breather after the very large run the past couple weeks. the earnings call was very positive and the company gave nice guidance on strength of the business for the rest of the year.
i think the stock puts in a consolidating base here and then moves higher.
posted loss of 0.02 cents....which is not bad....I think your right.....3.20 within 2 weeks, IMO. DRAD isn't on anyone's radar....it's like AVCA....very thinely traded, until someone decides to buy 10,000 shs and drives the price up 0.75......If they post a tidy profit next Q, we could very easily see $4.00 a share....RT is right, you gotta hold this a little while to get the full run.
I've been following this company pretty closely for over year. This is the most bullish I've ever heard the management speak on their earnings conference call. With all the new endevours, anniversaring all the horrible things from last year, and some key partnerships starting in the second half, this company is going to generate some very strong cash flow over the next 3-5 quarters and sales growth is going to be very impressive starting in the next 1 to 2 quarters.