They have 24 cents/share in cash, no long term debt and they are CLOSE to SUSTAINED profitability. I know liquidity is poor but there is no reason for this stock to stay at these low levels. Over the next few quarters if the numbers look as good as I would expect, we should see the stock make a run at $1 and in reality it should work higher from there.
Indeed...my thoughts exactly, which was why I was bottom feeding on the share price under 20 cents...did not pick up as much as I wanted, but that is ok. A buck a share sounds nice and two sounds twice as nice. I have owned this for a long time...think it went over 3 for awhile. I like that there are not a lot of shares out there and the financials look good. Will it ever be 20 a share??..probably not, but 3 to 5 possibly. Maybe some one would buy it out.