InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,127.79
(
1.26%
)
US TECH 100
17,446.00
(
2.17%
)
Dow Jones
38,675.68
(
1.18%
)
Brent Oil
82.77
(
0.00%
)
Bitcoin
63,918.43
(
1.64%
)
Post# of 112729
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

hweb2

Send PM Follow Ignore
Followers 307
Posts 20995
Boards Moderated 18
Alias Born 12/28/2002

hweb2

Member Level

Re: None

Friday, 06/22/2018 2:38:06 PM

Friday, June 22, 2018 2:38:06 PM

Post# of 112729
EVOL continues its slide. From the mid $5's a few months ago to below $3 today. This one might be worth bottom fishing soon. Stock is at 9 year lows.

Probably more of a 2019 story. As they only earned .04/share last quarter and will face poor earnings comps for the remaining quarters of this year. Decent cash position at around .70/share.

The reason earnings are down is because EVOL is ramping up investments in sales and marketing, staffing and product development. Not a bad thing if it jumpstarts revenue growth after many years of flat to declining revenues. IF they can start posting .10-.15/share quarters again next year, the stock will be a nice winner from here. I bought a little today.
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up