Savvy Trades and Investments

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Nice to see PDEX extending their stock buyback. Hopefully they'll jump on some cheap shares down here around $14. Before they start reporting some really explosive growth. Not only does PDEX have that monster $25M backlog. But look under the CEO Comments section of the last earnings PR at the product launches in 2019 (including a couple today!). Totals up to nearly $2M in additional quarterly revenues.

https://www.sec.gov/Archives/edgar/data/788920/000155335019000117/pdex_ex99z1.htm

Writing is clearly on the wall here. What will PDEX earnings be at quarterly revenues of $8M, $9M, $10M, etc. I think that will drive the stock to the $20's and possibly higher in the coming months. I watched medical device stock IIN soar from the teens to the $70's last year. And PDEX already has much stronger earnings than IIN ever did.