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Biomerica Inc. Message Board

  • o08o.ugh64w o08o.ugh64w Oct 20, 2013 4:57 PM Flag

    Share value = $1.25 today


    Read the Zacks report. Again it makes a point that the shares trade where they do today not as a result of any fundamental or operational issues, but rather a lack of exposure/publicity. On a comparative basis to peers, the shares should be higher.

    As the sales ramp up with the new China distributor, shares should head towards $1.50 and on to the Zacks price target of $2.15.

    Reading through the 10q, there will be good profits in 2014 - they say as much as they are saving their tax loss credits for use in 2014 as they expect profits.

    It will be interesting to see what Merriman adds to the equation.

    This topic is deleted.
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