I agree. Once the economy picks up, BOOM will be one of the winners. The only thing I am a bit worried about right now is the decrease in backlog. So they need new orders soon. At the current rate they would run out of the backlog in 2-3 quarters...and then the picture would look bad for some time.
I guess the main reason that there are not many more i-hubbers following BOOM is that BOOM is held to a very high percentage by institutions. I believe I read somewhere that out of the 12+mio shares only about 1mio is in public hands and the rest with institutions/insiders...so a rather small float that mr. "small investor" holds!
GLTY too.I will ride it very loooong. I am not planning to sell anything significant before $30. The I will see.
I guess the main reason that there are not many more i-hubbers following BOOM is that BOOM is held to a very high percentage by institutions. I believe I read somewhere that out of the 12+mio shares only about 1mio is in public hands and the rest with institutions/insiders...so a rather small float that mr. "small investor" holds!
GLTY too.I will ride it very loooong. I am not planning to sell anything significant before $30. The I will see.
Well, well, well. Have a good day
Recent BOOM News
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