Value Microcaps Motherboard

[SSKILLZ1]

ELTK

I have been a buyer of ELTK around the $1.30 level over the last week or so. here is what I like.

1) ELTK earned a very impressive .06 last quarter. I think the stock if that could be kept up and I think it can, the stock could easily trade in the 2's at some point. So I think ELTK is very cheap.

2) I like the promising comments in the earnings PR about North American Growth, that sounds like they may be getting some growth going foward which will only add to the story if growth become a part with the value story it allready provides.

3) Not a huge positive but like the 1.4 million dollar order they received as well.

Conclusion: I think ELTK is undervalued and wouldn't surprise me if a run to $2 occurred at any point. I think the stock is significantly undervalued. All is just my opinion, and I could always be wrong though.