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Misonix Inc. Message Board

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  • cantpickastock cantpickastock Feb 3, 2010 10:47 AM Flag

    well, low volume

    they sold off half of sales yet overhead is down minimal so it will be a long time before we see earnings

    HIFU seems very interesting technology, yet it doesnt sell. Some of these markets they sell to they claim are "billion dollar markets", yet they at most get a million of sales to that segment.

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    • I guess we don't have long to wait to see how things are shaping up. Earning should be out within the next two weeks.

      • 1 Reply to hillpack
      • At a 14 million market cap, it won't take much of an increase in sales to make the company go up in price.

        I can't see them making a net profit this q, but an increase in revs would cheer me up.

        I sold a bunch at 2.75, but bought a bunch back at current prices.

        I surely won't sell below 2.00, and would buy more if someone wants to sell. I will put in a 1500 share bid at 1.95 if someone needs to sell, there are others bidding 2.00 and 2.01, so there should be enough if someone needs to sell.

        take care and good luck to all.

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