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Re: BluSkies post# 52742

Wednesday, 11/21/2012 12:11:35 PM

Wednesday, November 21, 2012 12:11:35 PM

Post# of 239018
You couldn't be more wrong: this company is reinvesting in itself. Q3 announced 3+M in cash and a 15M line of credit: they need to grow operations to meet increasing demand.

If they use the line of credit, the debt management will impact earnings some, but the tax deduction they'll take on the interest will help the bottom line in return. They seem to have very solid management.

The value over the next year should be based on revenues, not earnings... Expect lower profits in the near term as they expand and 'grow'. Pun intended.