PROM
Over the last couple of weeks have been buying a little here and there of PROM at $0.25 and under. A tiny sub 1% position, so not exactly betting the farm, but I will continue to add on weakness, although I plan to keep the position small.
1) PROM earned .012 fully taxed in q3, and .035 through 9 months ended. Under the new tax law earnings would of been .044 through 9 months ended so they will definetely benefit from the tax bill as well.
2) PROM, I think earning could be close to .02 in q4, and I see .08-.10 for FY 18 Fully taxed in the cards, a full valuation should put this stock significantly higher then current prices in my opinion, so the attraction is too it's valuation and new found growth.
Conclusion: Now prom certainly has it's warts like it balance sheet, and the lack of liquidity, both of these things take away from my bullishness of this position, but I believe the debt is manageable, and liquidity can be solved in most cases by just taking small position. Is prom perfect absolutely not, but I think it offers a very good risk/reward for entry points say .25 and below. All is just my opinion, and I could always be wrong though.
