I wish the market were open tomorrow... so I could buy a lot more BFDI! Maybe people will forget about by Monday morning... and I can sneak in another 20,000 shares. 2016 should be a very good year for them... and us!
You have to remember... the world was falling apart 3 to 4 months ago. I was glad to see them show a profit.
2016 looks to be setting up for a much better year than 2015. Sporting a ridiculously low market cap of $12 million, I don't think the stock stays in the 1.20/share for long. And, who knows, they might throw us a bone with another juicy contract win soon. We hope. And pray.
I realize the volume was extremely light, but it's still nice to see ELTK back in the 1.30's. It's been a while.
Hopefully, we get another solid earnings report and at least we'll be at a decent base to start the move back up.
Yep. Gabelli is usually right. He knows value. Love that fact he started nibbling on Alcoa recently.
And, yes, the stocks he starts to buy usually do up as word gets out. Can't hurt.... that's for sure.
If nothing else maybe he'll at least make management start to be more "vocal" about what the plan is.
CEO stated on last CC that they "hope" to receive payment from Brazil in Feb or April. If that happens, it would be wonderful news. Would also mean that Brazil would likely order more product (once they pay for what they received already). This is likely the next VERY BIG catalyst. Plus, more cash in the bank is never a bad thing.
Soooo many reasons to like FCHO at these prices.