Combimatrix (CBMX)

[jaybird249]

((( CBMX DD SUMMARY: $12 TARGET )))
2013 WILL BE A BREAKOUT YEAR FOR CBMX. THE CEO PREDICTS POSITIVE CASH FLOW "RELATIVELY QUICKLY" BASED ON THE FOLLOWING TRENDS:

- SALES FOR CBMX HIGH MARGIN PRENATAL TESTS ROSE 172% IN 2012.
-15% GROWTH RATE IN 2012 SHOULD ACCELERATE in 2013 as oncology stabilizes and PRENATAL REVENUE CONTINUES TO RAMP.

- CBMX has a current market cap of $4 million, which is a fraction of other companies in the Molecular diagnostics space. ROSG trades at a $40 MM market cap. If CBMX traded at same valuation it would be $30.

- CBMX has streamlined the organization and slashed costs to the bone.

- Tightly held 1.2 Million float.

- CBMX traded at $17 in 2012, and 2013 results will be far better.

In short, CBMX has all the ingredients to go much higher in a very short time frame.

HIGHLIGHTS:
- 1.2 MM share float.
- $4 MM market cap.
- 170% growth rate in most profitable segment, prenatal tests.
- Growth will accelerate in 2013 and cash flow positive reached "relatively quickly" per CEO guidance.
- Traded at $17+ in 2012.
-Trading at 90% discount to peers.