The below is DD from a quick scan of recent headlines and the financials of the company. I will dig more into the pipeline and the revenue potential later today/tonight.
Hey, its Father's Day and I can't spend all day in front of the computer Happy Father's Day to all the dads out there!
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Initial scan shows this is way oversold (RSI = 20.60 on the daily chart) and trading just above cash value and below total revenue per share:
Recent insider buying and institutional buying is strong:
A lot of the direct, insider buys were in the high $1's to low $2's
They did a financing back in February 2010 and should have enough cash to last until at least the end of the year. Current cash is $10.7mm and quarterly burn is $3.2mm. They also have a $4mm credit facility that they can draw from:
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