Tuesday, July 21, 2015 6:44:24 AM
here
<...Summary
•Luna Innovations is a little-known micro-cap on the NASDAQ that produces high-tech sensing systems for advanced equipment industries.
•2 months ago, it officially merged with Advanced Photonix Systems.
•Arbitrage selling due to this merger has driven the share price down to irrational low levels.
•Stock clearly bottomed at $1, a strong support level.
•The upside here is a probable triple-digit gain, up to 200% within 12 months.
A sell-off unrelated to the underlying business often creates a temporal case of significant mispricing in micro-caps. Acquisitions, mergers or lock-up periods ending could ignite relentless selling pressure from arbitrageurs which could last for days or weeks, depending on the trading volume and the interests at stake.
...Why did the stock sell off?...>
Greetings from Fred & EntendanceInvestors Beach!
Fred & EntendanceInvestors Beach
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