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Re: Kitju63 post# 5632

Monday, 09/20/2010 2:44:12 PM

Monday, September 20, 2010 2:44:12 PM

Post# of 97079
Kitju63, I am not familiar with that one. Never heard of it.

In fact, I would only be interested if they are a direct competitor with Instacare. That doesn't appear to be the case. And the PPS is too rich for my tastes.

It looks to be a manufacturer of drugs and not a distributor. I steer clear of that entire Pharma sector because it is just too complicated and almost impossible to pick a winner early on, while shares are cheap. It can take years to develop a new drug. And then they have to go thru a protracted series of field trials before the company can make a dime. Most of them stay alive by selling shares, only to crash and burn before ever getting product to market.

Contrast that with Instacare which has several back-to-back quarters of increasing revenue. They are servicing a market segment (diabetes) that is expanding, so the revenue should continue to increase for the foreseeable future. And they are well-positioned for another market (EHR) that is going to explode. Instacare has actually booked an after-tax profit on occasion. But lately they have used the extra money to extinguish debt. In my opinion, they're doing the right thing for their shareholders, unlike the many dilution machines around.

As far as your pick goes, if you're really interested I suggest that you seek out a forum specific to that stock and ask your questions there. Surely, there will be someone who has done some DD and will share their opinion. Sorry I can't be more helpful.

Good Luck to All Longs.

VV