Rada Electronics Industries Inc. (RADA)

[matt24d]

This stock was way oversold. They still have a very solid business and solid clients. They just completed a nice round of financing and much of the small OS is owned by big pockets. This company is way cheap here IMO. Yesterdays news was huge IMO. The iron fist by IMI integrates RADA's products. From what I read that is a nice size contract and means that rada will see their piece of the pie. If they even land 8-10 million off that contract that is huge for a company like RADA. It will reverse their EPS shortfall last year. Not to mention last year they were testing their radars with a handful of clients and I think we see some more Deal signed soon. At its current price this one looks pretty cheap to me. Again its up to everyone to figure out if they like a stock and why they like it or dislike it. Good luck!