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Re: Mermelstein post# 48921

Tuesday, 05/15/2018 5:09:52 PM

Tuesday, May 15, 2018 5:09:52 PM

Post# of 113879
Of course there's another way to read FORD. Why not just say $747K of Q1 net income. But that's not what they said. They said the increase in net income, and that increase was $1,186,000. If you look at big jump in gross profit (from $0.7M to $1.8M), then net income of $439K is certainly possible.

You guys could be right about .02/share. That's why I'm not going too crazy buying more in AH. Stock should still hit $2 when that PR hits. But if they managed .05/share, on 100% revenue growth, with .60+/share in cash, and remember this wasn't even a full quarter of IPS...then this low floater is going to rocket to $3-$4.

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