SwingTrade Member Forum

[MikeDDKing]

PYT.V / PYNGF is a medical device company that makes a Intraosseous Infusion Systems that are used when IV access fails. Here are the reasons that I like them:

1. They made $0.028/share ($0.023 including PP shares) which makes them cheap at a stock price of $0.24.

2. They have a book value of $0.41/share so they are trading for less than book value and roughly at tangible book value.

3. They have a new product (FASTx) that they are in the process of introducing that I believe will increase earnings going forward. The product had some issues that they found when they commercially released it so they did a voluntary recall and are fixing the problem. I suspect it will be back on the market later this year.

4. They are expanding internationally. They signed a distribution agreement for India in July and are trying to expand into China.

5. They have another new product that they are introducing which is called FASTInfo.

6. GM is roughly 68% so additional sales drop rapidly to the bottom line.