Friday, September 06, 2019 12:55:00 PM
I think you may continue to see bull runs, like todays, on REPR given the current share allotment. These numbers are not meant to be exact, just to show how low the float is. Uplisting the next potential catalyst to draw buyers.
REPR has 38 million shares in the float - MANKO owns 12 million, various insiders own an additional 2 million. That number may be higher but I am lazy and whatever more exact number I find will have no impact on my position.
So you have a stock of about a 25 million (maybe less) float with one analyst covering - whose clients loaded up around $2-$2.50 and maybe higher. You have Manko with his huge position. I don't think he bought 12 million shares of this stock to try and get out at $4 or even $6.
He is likely looking for a lot more.
You have the Craig Hallum clientele who are likely not looking to sell as, just like me, the story is one that is easy to understand and is playing out perfectly.
New Management
"New" product in the sense that the marketplace is moving right towards REPR.
Run this through CANSLIM and you go 7 for 7 in my opinion. One could argue the C for current quarterly earnings is not their yet but they are moving in right direction per revenues. And the 60-70% margins will produce profit sooner rather than later.
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