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Abaxis, Inc. Message Board

  • jerolddavis jerolddavis Apr 23, 2012 1:12 AM Flag

    ABAX strong

    It's clear to me that ABAX is on its way up this week and I have to give props to the company that gives me great picks like ABAX: Prophet Alerts. They are hands down one of the most informative and profit gaining companies (on their alerts of course) that is out there IMO. Stop reading this and go subscribe!

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    • Very strong on Friday and it is
      also bullish if we can hold the
      gains today? I have to compliment
      Clint & Co. for a strong quarter
      and agree with Vat. Any settlement
      of the lawsuit, as well as positive
      growth in human medical equip, should
      give more upside. My only concern?
      With the high multiple 4x book, and
      high P/E, ABAX is priced for perfection.
      I sold half of my postion today after
      a 30% surge in 8 days. ABAX is not a
      trading stock, but can't help the sell
      in May thought preserving this nice gain.
      I personally think ABAX will institute a
      dividend at some point. GLTA.

    • All you have to do is do the opposite of what Jim Cramer says. When he says it's a buy, it's time to sell.

      Realistically, we are looking at the expectations for FY 2013, and ABAX escaping from the crippling litigation costs and the ARL start up costs. An added bonus would be if one of the multi-location Piccolo deals has come through, to give some real growth to the medical side, and fulfill our expectations of 2 years ago.

      A dividend wouldn't be a bad idea too, since the share price has been below $30 since (a long time).

 
ABAX
41.58+0.33(+0.80%)Feb 5 4:00 PMEST