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ModusLink Global Solutions, Inc. Message Board

  • fedele123 fedele123 Oct 15, 2013 7:41 PM Flag

    OK, how high does the stock go from here?

    It is responding well after hours, where can we go from now to year end, especially since next earnings report could come in just 6 or 7 weeks? Maybe back over $5.00 if we get another good report in early December...

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    • no - while the company has made great progress this is still a low margin business which won't attract too much investor interest regardless of vastly improved numbers. The company currently doesn't hold conference calls either so accordingly there is no analyst coverage (and most likely won't be going forward). So expect the stock to remain under the radar of most investors. But clearly the major shareholders might take the company private if the bargain valuation doesn't correct over time.

      Bought a huge chunk in after hours but don't know if this will result in a gain right out of the gate tomorrow. Will buy more if the stock starts the day on a weaker note though.

1.39+0.03(+2.21%)Oct 26 4:00 PMEDT