I loved MNDO in the $2's. It was such a screaming bargain. I think it's fairly valued and then some in the low $4's. I sold too soon. Up almost 40% since last week...all because of the Louis Navellier recommendation. Momo traders may take it higher, but I certainly wouldn't buy it here.
Good buying opportunity this morning. Apparently that fired employee who sued the company is back in the news. The fact that he wants his job back kind of says it all. Was discussed in RFIL 10K and 10Q filings last year.
Note 13 - Legal proceedings
On May 24, 2013, a former employee of the Company filed a complaint with the San Diego, California office of the U.S. Department of Labor-OSHA alleging retaliatory employment practices in violation of the whistleblower provisions of the Sarbanes-Oxley Act. The complaint alleges that the former employee was terminated in November 2012 in retaliation for making disclosures relating to fraudulent accounting practices and lack of compliance with U.S. GAAP; violations of multiple Securities and Exchange Commission rules and regulations; and fraud against the shareholders. The complaint does not seek any specified amount of damages, but does seek various forms of relief, including the following: Reinstatement of the former employee’s employment, or in the alternative, an award for lost future wages, benefits and pension; back pay and bonuses; compensatory monetary damages in an amount to be determined; reasonable attorney’s fees; and all costs of litigation. The Company disputes the retaliation claim and has notified its employment practices liability insurance carrier of the demand.
Exactly right sandart! Dude obviously has an agenda. I look at dozens of stocks every day that I don't like. Do I hang out on their message boards? Of course not. What a waste of time that would be! I'd rather spend the time researching a stock I might actually buy.
Maybe coalporter has nothing better to do. Very sad if so. I noticed he even gave a thumbs down to all of my posts yesterday. Cute. He obviously thinks posting on a Yahoo message board has a great influence on the stock price. So maybe he's very new to investing. That would explain why try as I might, he couldn't name a single stock cheaper than FONR.
Another .07! Thought they might reduce it with the acquisition. Glad they didn't. Surprised more buyers aren't jumping on this. Profitable Nasdaq tech company paying out a fat 6.3% dividend yield. There can't be many more like this?
Have a few thousand shares. Maybe it'll slide to the $10's, where I'll add a few thousand more. Broader markets are on fire right now, so FONR could also pop up 10%+ on the next positive PR.
Ha sure you could! Of course I would like to see better top line growth from FONR. But the stock would be in the $20's or $30's if it was posting quarterly earnings of .38/share AND growing 20% per year. This is what you call a VALUE stock. I'm guessing it's $15+ again in the coming months.
Care to list a few of the 'plenty'?
And FONR won't be paying taxes for many, many years. NOLs as of last 10K were $137M!
How many Nasdaq stocks trading in the $11's just posted quarterly earnings of .38/share? Not to mention a solid balance sheet with nearly $2/share in cash. If anyone knows of other cheap stocks like FONR that are putting up big earnings that have yet to be appreciated by the market...please post them!
catjorny crying today after ELMD zoomed up 18%. What an idiot. He's probably short. Keep waiting for those sub-$1 prices!
Surprised SEV isn't getting more of a lift on this exciting development...
SOUTHBOROUGH, Mass., Nov. 12, 2014 (GLOBE NEWSWIRE) -- Sevcon, Inc. (SEV) reported that its Chinese JV, Sevcon (Hubei) New Energy Technology Company, entered into an agreement with a large Chinese manufacturer to design and supply controls for their range of motors used in passenger cars in China.
The contract, worth $2.2M in the first year, will utilize a variant of Sevcon Gen4 products being specifically designed for this application. Sevcon expects prototypes to be available in January 2015 and the start of production in the fourth quarter of this fiscal year.
"This is a good first step in China and we are very pleased with the progress being made there. We are working with a manufacturer who today supplies motors to a number of on-road vehicle manufacturers," said President and CEO Matt Boyle. "It is testament to the management of the JV that this project was secured less than six months after the JV started trading in China."
Everything looks great but the stock price. Markets rocketing to new highs...while CTEI continues its slow bleed. Who would sell this stock in the .60's? Could very well be in the $1's by next summer. Maybe the $2's. Just getting started here. Tons of upside, limited downside. So why sell now so cheap?
Huh? Why does anyone do business in China...guessing it has something to do with the BILLIONS of dollars that American companies are making over there.
They talked about their plan to make at least one acquisition on the last CC. Not much detail today. But at least it would add $2M to quarterly revenues and hopefully a penny per share (or more) of profit. That, combined with a recovery in their normal business, could lead to some great comps in 2015. I'm surprised the stock isn't up a little today on this news. At least there's a pulse!
I'm curious what the seller is buying that looks cheaper than ENG in the $1's. Company just posted another strong quarter with earnings of .07/share vs. breakeven last year. Revenues up 17%. Stock would be undervalued at $3.
Can't blame the energy sector. Oil prices appear to have bottomed while nat gas prices are surging lately with another blast of cold weather on the way this week. ENG was a $4 stock in June. I think there's 50-100% upside from the $1.80's over the next few months. Can't believe people are selling here!
Revenues and earnings were very strong. But bookings and backlog a bit soft. Not sure how stock will react tomorrow. Up a little maybe?
One of the rare times an analyst call makes sense to me. EVOL is a solid company, but the stock has jumped from $9 to $11 just this month. When a stock is flying high into earnings, expectations will be high. And we know EVOL has a history of lumpy quarters. I think it's prudent to trim some shares over $11 just in case.