SwingTrade Member Forum

[Rawnoc]

SPIN thoughts 5/29/11....

SPIN is one of my favorite stocks that I think has the chance of being a big mulit-bagger. Here's why:

(1) SPIN has a simple business model that has been profitable in every quarter in its existence. SPIN earned last Q +.02 EPS and is ready for rapid earnings growth from there IMO.

(2) Cash flow is starting to accelerate which is allowing them to immediately expand their business within their current clinics as well as add more clinics.

(3) Their CEO was previously CEO of a pinksheet stock that got uplisted to NASDAQ, then AMEX, then got bought out for around $12/share. SPIN's business model is very similar to the CEO's old company.

(4) The float is very small (6.4 million according to Yahoo) and shrinking as the CEO has been consistently buying shares in the open market.