Notice the volume for BOOM from that day forward. It hit like a train and it's done nothing but get better. Their current pps is 37.65 and rising!.
My friends, the balance sheet for ELTK and BOOM mirror each other in many ways. For the 9 months ending Sept 30th 2004, I quote from BOOM's November 11, 2004 pr:
"For the nine months ended September 30, 2004, DMC reported net income of $537,130.."
ELTK's net income for the 4th quarter in 2004 was $446,000!
Their revenues are both impressive. ELTK's market cap is still only 50% of it's current annual revenue and 1/10th of BOOM's current day market cap!
They both have great cutting edge products. As I say, their balance sheets mirror each other in many ways.
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.