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Biomerica Inc. Message Board

  • o08o.ugh64w o08o.ugh64w Apr 16, 2013 9:04 PM Flag

    Zacks reiterates positive outlook

    See Summary:

    Q3 Results: Revenue Dips On Soft Sales To Asia But Positive Outlook Remains Intact…

    Still time to get some cheap shares. Though, based on some of the block sizes today, you may be competing with the private investor to get shares. He's thinking "I just paid $1.25 for 200,000 shares - whatever I can get under $1 is going to be making me lots more money...and it's costing me less than the $1.25 I'd pay for the remaining 200,000 shares. So I just lowered my average cost with no effort as people tossed their shares."

    Regardless, fundamentals are still strong, balance sheet is rock solid, reading the 10-Q, sales should pick up as new offices open in other countries. Hopefully we'll also get some info on new products which come as a result of the increased R&D this past quarter.

 
BMRA
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