Sidoti & Co just put out a note initiating coverage on MSLP with a BUY rating for the company. Expects 2015 sales of $200M and EPS of $1.40 by then. Reads very positive on the company's growth prospects.
If more coverage is to come then watch out for this stock to pop.
Sidoti & Co is underestimating the ability of MSLP to spend shareholder's money.
They always manage to spend more than the increase in sales.
They continue to "reward" themselves instead of the REAL OWNERS.
Don't let them fool you!
Note also doesn't see the need for MSLP to raise additional cash as it will generate FCF of $6M in 2013, $1M in 2014, and then $9M in 2015. If that is accurate, then it could be very positive for the company. If the risk of dilution is lowered and management has/continues to clean up its act --- watch out!