hweb2 Wednesday, 08/05/20 11:09:03 AM
Re: otcbargains post# 75366 0
Post # of 75566
I added some MACE after listening to the CC again last night. No clue what sellers yesterday were thinking! It was a great call with lots of positives. The part around 15 minutes in sounded particularly bullish. When they talked about their substantial backlog and said it was building each day. Orders are robust and continue to be robust. Said they're running flat out. As you mentioned in another post, said they've added another shift (which I don't think I saw in the PR).
MACE not a super low P/E, but I wouldn't be surprised to see this one trade up to $1+ in the coming months. Sounds like they're going to have a blockbuster Q3. Should make for an eye-popping comp on both the top & bottom lines (easier revenue comp than they had in Q2 too). Unlike many micros, MACE puts out a decent amount of news. They want to attend investor conferences. Insiders have bought shares recently. And they have a brand that everyone knows. I think when you combine all these factors, this one is headed a lot higher given the dramatic improvement in the financials. I'll be accumulating.
z
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