Hweb, bbotcs...DAIO. I think the future here is very strong, however, they booked $7.9M in 3rd Q last year and 4th Q revenue came in at $6.4M last year. They booked $8.2M this quarter. There is no way then that 4th Q revenue this year is anything above the low $8M range. No way, even if they do part of the backlog. Margins will be lower because of less product sold too (vs the 62% that just happened). As such, that's only around 11 cents/share. I think sometime there will be a window to load up again. I will sit and wait for it. I fully intend to try and get all my shares back here and play this long term. I just have kicked myself for not booking profits before and buying back lower. This is a very thinly traded stock. It may go a lot higher, but can anyone say that DAIO is a softball pitch of an investment today at $11.85? I couldn't. Not with the Nasdaq up so much.
bbotcs....I won't lie, I now have my fingers crossed that buyers dry up, shorts come into play a bit and the stock drops on low volume over the next few weeks. With my luck it will go to $13 and I will kick myself :)
