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jockinmikeg

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jockinmikeg

Re: Bobwins post# 48

Sunday, 04/17/2016 12:43:41 AM

Sunday, April 17, 2016 12:43:41 AM

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10-K out. Revs up, losses up. Q4 got a one time ding for a litigation settlement of $2M. They hired another employee and paid off a note. Shares sold off hard on heavy volume but the price recovered some near the end of the day. I'm neutral on the news, as the bottom line was underwhelming while the top line beat. I am still holding for Q1, as the balance sheet will clean up big time with the sale of the Marina Towers.
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