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MGC Diagnostics Corporation Message Board

  • retiredtechie retiredtechie Jan 10, 2007 2:01 PM Flag

    Its Obvious ANGN Is Going Much Higher

    With all the concern shown over the recent Q4 "preliminary" results release, I think its quite obvious ANGN will continue going up based upon its very solid performance figures. CEO Rodney Young has this company burning on all cylinders. I expect nothing but outstanding results to be shown in future quarters. Folks, we are looking at what will be a $20.00/share stock in the very short term. The performance momentun here is driving this stock ahead. At the current $14.00/share level, this one is still a bargain.

    Cheers and good investing,
    Retiredtechie "RT"

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    • RT

      As mentioned on the ZVXI board, I had some time to take a brief look at ANGN. You literally took the words right out of my mouth when you stated that ANGN is hitting on all cylinders - I think they may be using high-grade synthetic oil too!

      My initial concerns are: 1. their profit margin is somewhat low...but this is somewhat offset by the R&D incurred, 2. their cash flow has been somewhat uneven, and 3. is this the same management that incurred 136M of tax net operating losses and drove the company into bankruptcy, or are they a new group?

      Thanks again for the ANGN idea.

      Vseeker

    • What is obvious to me is that the potential risk is very small in relation to the potential reward, and also, that the stock is no longer priced for perfection. Now, it's priced to discount a failure to show sequential growth in Q1 (we're only about 9 weeks away from that report). I'm not suggesting there will be a failure, just that at this level in the stock, it wouldn't take much to surpass expectations.

      I'm guessing we'll move over $15 reasonably soon, and establish a trading range between $15-$20 prior to the next report.

    • Yeah, the volume today is staggering!

      • 1 Reply to italian_irishman
      • Italian_Irishman:

        Don't let the daily volume fool you as ANGN has moved steadily upward for the most part from the $4.00-$5.00/share range with less than stellar fanfair. Its a very stealthy type of stock - - - very deceiving. I've seen many similar such occurances over the years. Better grab a good bundle of shares my friend while you have the chance or its soon going to be in the 20's before you realize it. The forces behind this stock are simply too strong to see it turn backward. I foresee nothing but a steady climb upward into the long term for ANGN. Its by far one of my favorite stocks at this point behind my #1 favorite which is ZVXI.

        Cheers and good investing,
        Retiredtechie "RT"

 
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