Repro Med Systems Inc (REPR)

[quilix]

Yes - somebody sold a little yesterday after the release. We both arrive at the same conclusion (stock down a lot today) but Ill stick with my interpretation of the story as to why. The top line growth number was known weeks ago when the company put out their press release about revenue growth for the quarter. The new information that the 10-Q included was what were the earnings.

This is a frustrating and stock for anyone who follows it. It could be worth so much more but management doesn't run it in a way to lead it to that. It has been 5 years of great top line growth and virtually no earnings growth. During that time they are making a decent profit but if you value this as a company with no earnings growth it should be valued at 8-12 times earnings. I think that is too low - you have to give some value to the possibility that the rev growth will fall to the bottom line but the longer that doesn't happen the harder it is to bank on that as a reason to invest.