Please enter ZYNX as my next pick. I expect it to be a multi-bagger in the next year but let's set the target at a double in one year or $2.30 from the $1.15 close today. Here is my DD:
- Zynex Medical Holdings, Inc. engages in the engineering, manufacture, and marketing of medical devices for the electrotherapy and stroke rehabilitation markets primarily in the United States. - They have been rapidly growing their orders for quite some time. In August their orders increased 42.8% from July! Part of the reason for their order growth has been the rapid increase in their sales staff. See the following post for their order history: http://investorshub.advfn.com/boards/read_msg.asp?message_id=22634142 - Most of their sales are rentals which have an average duration of 9 months. So, a sale continues to provide revenue for quite some time. Because of this revenue and earnings will continue to grow even if order growth stops. Having said that, I expect orders to grow at a substantial rate. - They are working on expanding into the European market. A timeframe for sales start in Europe has not been stated yet although I think a good guess is the next 6-9 months. - Although estimating quarterly earnings has been elusive, I expect next quarters earnings to be somewhere in the $0.018-$0.025 range which will be a big jump from the $0.013 they earned last quarter. Here is a link to my estimate: http://investorshub.advfn.com/boards/replies.asp?msg=22193197 - Management has been very good at keeping dilution to an absolute minimum. - I fully expect this to be a story stock that is heavily discussed a year from now as the PPS skyrockets.
I'm putting my money where my mouth is as this is my largest holding.