The company announced today it will be releasing its next quarterly earnings report on July 18--only 9 days away!!!
The fact that NVEC did not preannounce any earnings disappointment bodes well for the next report. Last month, the company blew out its expectations, and that quarter was without the benefit of the major new distributor signed by NVEC.
We're going to take out the 52-week high shortly. Early retirement, here I come!
NVEC has never had to preannounce because it's never failed to meet expectations. If the company was going to have a disappointing quarter, it would have preannounced. If you're short, I hope you cover soon for your sake.