InvestorsHub Logo
Followers 77
Posts 3856
Boards Moderated 0
Alias Born 12/31/2004

Re: nelson1234 post# 75641

Tuesday, 08/11/2020 9:57:04 AM

Tuesday, August 11, 2020 9:57:04 AM

Post# of 114752
MNDO - I bought some, also. In addition to the good bottom line number, they had some nice follow-on orders. From the PR:

"This quarter’s follow-on orders include a major upgrade of our billing platform at a very important long-term customer. This significant upgrade will be completed around year end. The upgrade substantiates our value proposition for the customer and we believe it indicates continuation of recurring maintenance and professional services revenues for future years. A second significant follow-on order is for specific customizations to be delivered with Agile methodology throughout the year to another important customer."

I have seen lots of $1 stocks with strong earnings and solid balance sheets triple, quadruple and more, but I have yet to see one go below zero.

Join InvestorsHub

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.