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Recon Technology, Ltd. Message Board

  • savvysalt savvysalt Feb 15, 2013 2:15 AM Flag

    RCON earnings growth

    Forward guidance: "We expect the trend to continue"
    What was the trend?
    Increasing revenue to the tune of 49.1%, Strong top and bottom line growth, increasing service revenues of 476.5%, gross profit increase of 53.8%, decreasing administrative expenses by 32.3% with RCON management saying "we will continue to expand".

    RCON is putting more into research and development to stay competitive and grow, a good thing.

    Now that the accounting method appears legit, RCON is the best low float stock going.

    Get the shares as cheap as you can and watch for a climb into next earnings when the weak hands are all out.

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