ARTX
Brought some ARTX in the $3.40 area. Here's what I found.
1) ARTX reported .09 in q2, first quarter with acquisition. ARTX pro forma numbers would of been .13 (One time acquisition cost buried in the numbers).
2) ARTX showed huge increase in backlog Up over 40% sequentially.
3) ARTX has easy comp which I expect them to blow away in my opinion.
4) ARTX has 39 million in NOL's as of the last 10k so won't be paying taxes anytime soon.
Conclusion: Balance sheet is a little weaker, but that is because of the acquisition they been making so that doesn't bother me too much. ARTX in my opinion has a great chance to post .15-.20 quarter, which I think could get it to run to $5+. So I like the pick. I was a buyer today, and will add more on weakness. All is just my opinion, and I could always be wrong though.