InvestorsHub Logo
Followers 0
Posts 2
Boards Moderated 0
Alias Born 04/10/2016

Re: None

Sunday, 04/10/2016 11:49:29 PM

Sunday, April 10, 2016 11:49:29 PM

Post# of 1509
just wrote up this stock if you are interested:
http://stockspinoffinvesting.com/micrcap-stock-spinoff-trading-below-book-value/

Quick summary:
The stock was sold indiscriminately by investors after it was spun out (although it has rallied recently).
Its current market cap equals the net cash on its balance sheet.
It has FDA approval for its med tech device and expects to generate hundreds of millions in sales over the next few years.
Experienced management team that previously sold a $1bn+ business to St. Jude.
One sell side firm covers the stock and has a $25 price target (stock currently trades at $6.87).

Join the InvestorsHub Community

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.