BMRA: Low Risk, Way Too Cheap Stock Price
January 24, 2013 | Comments : 0Recommended this article: (0)
We have initiated coverage of Biomerica, Inc. (BMRA). See below for free access to our full 16-page report on the company which includes our financial model and outlook and provides further discussion about the company, their products, and growth strategy.
In summary, we believe BMRA is significantly undervalued with some of the lowest downside risk available in the micro-cap space. We recommend buying the shares up to our $2.70/share target price and are initiating coverage with an Outperform rating.
Today, Monday's action, will give us some idea of what is going on out there with the insiders and friends of insiders. Now that the share price has gained considerably since around $.80 +, the thrill of easy money is going lower but the possiblity of larger gains with the promise or hope of a buyout will be the deciding factor here.
Risk, Fear, and Greed will be the driver. Some will go for turning paper profit into real profit (they will sell), those that are like democratic voters (low information voters) will have fear because they bought on a surge and will have weak hands, and then we have the insiders and friends of insiders who have real knowledge about unreleased news.
It is just like being a warren buffet. Ole warren has been regarded as being an investment genius but one fact remains. He used insider information not available to ordinary investors to make his billions and he was always a ruthless tryant with the companies he bought. He fired millions of hard working people to make his millions and billions. Yes, the old 1 percenter who acts as a protector of the American People is just another sly fox using insider info to make money. He wants to raise taxes but the old fake doesn't pay any taxes anyway.
So, in the end, we small investors stay in the dark here, while the insider info people drive the wagon. They know what is going on here. V Shall C said the blind man.
I am still fully invested in BMRA. :) :) :) oldmanbadman rdncoic
Post # of 134
Ok, this is just my opinion and that is all it is. The continued buying today is proof, that someone knows about some sort of good news on the market with BMRA. People taking profit but the share price fails to fall because someone is buying and buying big. And they have a broker doing the buying so as not to run the Share Price up. If you or I were buying, well the Share Price would really be up on almost 100,000 shares bought and sold.
So little shareholders like us should be careful not to sell too soon. The old addage, "Buy on the Rumor, and Sell on the News" is going to be my mantra here.
Now I am going to be a little silent here and watch BMRA do some nice things for me. I need a new pool and a new garage. :) :) :) oldmanbadman rdncoic
Could be some weakness or not! With such a low issued share number buyers can run this up in a heartbeat. It has always been a given that BMRA would allow a buyout at between $5.00 and $10.00 a share. A large merger and buyout company already had over 500,000 shares two years ago. I talked with them on the phone and while I didn't get any insider info, I did connect the dots. I posted this on IHUB long ago. I am sure we have the buyout coming now. oldmanbadman rdncoic
And if not the buyout, we sure have an undervalued company here!