There may be a slow slide down but I do not know why that would happen. RGEN is in an eviable position. Highly profitable, absolutely no debt, $70 million in the bank at the end of the year and increasing sales.
As far as aquistions, that may not be for years. RGEN is not going to look at a donkey and try to call it a racehorse. Unless the aquistion is a no brainer I suspect RGEN will add to their money in the bank until something good comes along. By the way, RGEN might have over $100 million in the bank at the end of 2014.
Anyway, most of us have been here a long time. We are used to waiting.
Always get a little anxious as months go by and agree they are waiting for the right deal / right matching market or ancillary / so we wait. Love the reminder of how safe we are as a stock - we are ROCK SOLID with CASH and opportunity ahead - management is stellar!
Hope your wrong and we can find a GREAT DEAL / GREAT LEVERAGE NOW NOW NOW! ha!
YEP $1M so not worth the print really. We are seeing many stocks that were on a goof run now fading slowly but we are really in a position of strength moving forward - should be rewarded in next 6-12 months but its always been slow with RGEN and as Smith mentioned we are always lacking coverage and press.