RODM is one of my favorite holdings right now. They made $0.42/share in Q2 on transaction volume of $399.4M. The transaction volume already announced in Q3 well exceeds the transaction volume announced in Q2 and there still is a little time left in the quarter. Also, as a bonus in Q3 there will be some revenue from the conference that they held (maybe $1M). Therefore, I'm expecting Q3 earnings to well exceed Q2 earnings. The stock seems quite undervalued at $4.98.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.