The 8000+ shares traded on Friday were at $3.50- the bid. More importantly, the bid held . What does that tell you? From my perspective, any pull back is reason to start buying again. I will continue to hold on to the stock that I own as it is very possible for us to see $5+ this year with a good press release or earnings announcement.
Clearly, the stock is way under anyone's radar screen.
Agree. But it does seem like someone wants to build a position. My sense is this would be a good acquisition candidate for some integrator type with an existing sales force. Want to see another good earnings though. Question, it looks like they have a $43 million NOL carryforward in Israel. I'm curious if this could be used in a change of control. In any event, it will help shield income if they ever get to positive net income position.