this stock is looking strong! nice move with no volume is always a good sign...i am a stockbroker and just stumbled upon this company...i wonder if this move up can continue, from your post and a number of other things, it sure looks like it!
No stocks hold up without gaps down, if you're asking me if its a value LT, yes! The move up is based on one institutional buyer and several other factor's. Its hard for me to answer your question without knowing if you're looking to add shares to clients' portfolio, your personal account or time line involved?
Buyer beware. The next earnings will probably disappoint and all these gains will be dropped and then some. Remember this was at $17 in January. They were predicting end of year cash balance of $200 million. Now it's $100 million with negative earnings projected for 4 quarters.