HOTTEST CHEAPEST NASDAQ MO STOCK < $3:
Trading at 3 x EBITDA (cash flow) FTGX (2.80) is the most undervalued stock on the NASDAQ MARKET IMO based on financial metrics.
IF FTGX TRADED AT TYPICAL 12 X CASH FLOW IT WOULD BE $10 +
FTGX has all the ingredients for rapid appreciation, 5 MM float, cash flow positive, $7 book value with exponential sales growth trading at a 75% discount to peers in a booming sector.
FTGX WAS OVER $4,000 5 YEARS AGO, $8 AS RECENTLY AS 2004 AND IS NOW ACHIEVING THE BEST FINANCIAL RESULTS IN ITS HISTORY.
FTGX is a in a recession proof sector, communication services. FTGX provides interconnection services for the exchange of voice and data traffic between U.S. ISP and telecom networks. FTGX will continue to benfit from the huge growth in traffic- sales are growing 15% annually.
Here are some other reasons why FTGX is an attractive investment:
1) 5.4 MM float with 1.4 MM institutional ownership; "available" float is 4 million shares
2) $7 book value
3) Year over year 13% sales growth Q2 2006 vs. Q2 2005. FTGX is adding customers at a very rapid pace
4) FTGX generated over $1 million in cash per quarter, the only reason it is not showing GAAP profit is $2 MM per quarter depreciation and amortization.
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AI
