Yes ANTP highest close in 5 months. DD: ANTP:NASDAQ ($6.37) is a 2.1 MM float antenna stock that rose from $5 to $50 in 2004. ANTP BACKLOG AND ORDERS ARE RETURNING TO 2004 LEVELS. Could ANTP be the stock of 2007?
DD HIGHLIGHTS: 1) Backlog Up 100% to $3.5 Million, similar to 2004 - 2005 levels.
2) From last 10Q, SALES WILL BE HIGHER IN Q4 2007: "Based on the number of inquiries received in the third quarter of FY2007, sales of products including collinear antennas, instrument landing system antennas and towers and commercial wireless antennas are expected to improve in the fourth quarter."
3) Large recent Insider buying
4) Tiny 2.1 MM float
5) $3 per share working capital and NO debt. Market valuing NON cash assets at only $3 PER SHARE.
6) ANTP has a history of VERY rapid price rises- rose from $4 to $50 in 2004.
7) ANTP just received its first large INTERNATIONAL order- ANTP's market potential in the International market is Huge.
In summary Markets are FORWARD LOOKING and ANTP share price will rise fast in ANTICIPATION of higher profits going forward.
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