SwingTrade Member Forum

[Rawnoc]

SPIN = NO BRAINER....going to be an easy monster home run IMO. Here's why:

(1) SPIN is making money (EPS) hand over fist and growing since inception and the EPS + growth is very cheap vs. the price.

(2) SPIN is guiding for 2012 EPS of +.30 to +.35 organically plus an extra +.08/share EPS for every $1 million in debt financing they get. They are seeking a minimum of $3 million with several parties interested:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=69597212

(3) Recent CC describes business model of what is happening as a "snowball effect" -- as they collect they reinvest into an accelerating bigger and bigger pool of receivables. Guidance PR for Q4 is forthcoming that will show same or better than Q3.

(4) SPIN has a great balance sheet with a book value of over .19/share. SPIN is not diluting and has no reason to dilute and has made it clear it won't dilute. SPIN is only looking for financing in the form of a debt instrument that will further accelerate their already exploding earnings, forecasted by the company to add an extra .24 EPS next year on top of what I think will be .36 EPS next year (was .042 EPS last quarter).

(5) SPIN's business is completely recession-proof with very little competition.

(6) SPIN's CEO regularly buys in the open market while drawing no salary:

http://finance.yahoo.com/q/it?s=SPIN.PK+Insider+Transactions

(7) Their CEO was previously CEO of a pinksheet stock that got uplisted to NASDAQ and then later on the AMEX. SPIN's business model is very similar to the CEO's old company.

SPIN Most Recent CC and Presentation:

http://spinepaininc.com/q3.php