Alright. I bought 2500 shares of this company around $5. Doing very well. But I am a little confuse. The P/E is around 5, the debt is 0, the dividend is at 5%, the margins and returns are all positive, (would like them to be higher, but positive nonetheless), and the stock isn't really moving. I know it's gone up quite a bit the last few weeks, but come on. This company should easily have a stock price of $16, and even then, I'd still consider it a buy. With the nice dividend, hell my exit was going to be around 20. Anyone have any insight into why it's not just skyrocketing? In my opinion, incredibly undervalued.
It is consolidating nicely. Market in general has a short attention span. It is is a micro cap stock that does not get a lot of attention. Above 10 expect more momentum and with new highs more attention. Hopefully no more proxy fights getting in the way.
I'm with Victor on this one. It is confounding me. I looked at the stats and went, "now let's see, ok 30 mill market cap, revenues of 90 mill, hmmm...maybe no profit...no, wait, there is a 7-8% net profit margin, ok, then there's got to be a ton of debt...oh wait, no, zero debt...ok, then there must be zero cash so that they will have to do a secondary...no, wait, there's $4 per share in cash or have its market cap..#$%$!!!! Did everyone stop buying this company's services all at once????
So the only thing I can find (so far) is the illiquidity of the stock. This is a roach motel stock - you can check in, but you can't check out. I may still buy it.