One more day just shows how thin the volume is and how easily a gain turns around with this stock. The only thing that will make a big difference is a sale of the company or more unlikely a turn around in earnings that is sustained over several years with multiple good contracts. We have seen too many predictions of good earnings that did not materialize. Good luck.
That is nice. My best guess is that presently this is a company that had fiscal revenues of $49 million. At the same time that the revenue numbers were released there was guidance of approximately $.60 for this coming fiscal year. That is a positive. But there was also a statement that the company has bid on $250 million of contracts. If the company was awarded 20% of those contracts that would double revenues. If the company somehow won a larger percentage of the contracts then it is a real game changer. So, maybe people are buying the stock because it is undervalued in the event the bids become contracts. It is a very thinly traded stock so it does not take much buying to push it up. Hopefully the company is making progress with AVS and other under performing segments of the company as well.