PDEX back to $2.80. Think this is a good one to accumulate before earnings in early September. Would really like it around $2.50.
Stock got hit this month when they pre-announced Q4 numbers. They slightly missed their extremely bullish Q4 estimate, but company is still going to earn .07-.08/share. This is a sharp improvement from last year as well as sequentially.
They also said in the PR that Q1 would be similar to Q4. So should have a couple of favorable comps coming up. If they post .08/share in earnings in Q4 and/or Q1, I think this low floater could see a run back to the mid-$3's.
They're also going to provide fiscal 2006 sales and earnings guidance in early September. If Q4 and Q1 are the beginning of a trend, could see some nice numbers there.
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