Any long-time longs here? This stock caught my eye based on its very solid fundies, And the next day it tanked after good earnings. Thank God I didn't find it until after the close on Wednesday...and was able to hold off buying any until the mid $4s. Unfortunately, it looks like it will consolidate here (and lower) for the forseeable future. But if this company is as good as it looks, and figures out a way to get past the weakening margin with certain products with other higher margin products and higher revenues, then this could be a 4-5 bagger next year, imo.
I think we got fooled by Mr. Pickus. He misspoke when he said higher revenues, but considerably lower margins. The word considerably killed the stock.
In my opinion this stock will be much higher by June of next year. I own too much in this company. 46,000 shares, av cost $4.30