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Re: chklingon post# 27546

Thursday, 09/15/2016 6:29:52 AM

Thursday, September 15, 2016 6:29:52 AM

Post# of 29204
chklington- My whole point is not that they show positive EPS in the next quarter or two but that each consecutive quarter they narrow their losses and get closer to it.
I'm sure you know that stocks react to progress and when a turnaround is sensed, stock prices rise ahead of the goal of achieving it. From what I see ( both technically and fundamentally) the beginning of their progress towardprofitability is occurring..
So while more time is needed to convince investors that the goal of achieving EPS is needed, the narrowing of losses is at hand and it's beginning to be reflected from what mgmt is saying and what the charts are showing......... in my opinion.

This should be a good time to accumulate the stock or add slightly to holdings. More aggressive buying would come as the goal becomes even clearer.
I'd say a quarter or two of results will be needed before it becomes more evident they're on target but enough is there now to own some shares.

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