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abh3vt, re DRAD

I'm also factoring in the $1.40/share in cash & securities on the balance sheet. Plus that fat dividend yield should command a premium.

Earnings were .06/share last quarter but sure look to be headed higher. In the investor presentation earlier this month, they showed how the last 3 sequential quarters had progressed from an an adjusted loss, to breakeven, to earnings of .06/share...and then said that momentum should continue. Won't be a straight line, but I think we'll see a .10 quarter by Q1 or Q2 of 2014. Stock will be $5-$6 when that happens, if not higher.

The last CC transcript is worth reading. They made a comment about Q3 typically being a slower quarter for them. They said they are looking for acquisitions. They signed an international distribution deal in August with Dilon Diagnostics. Said it should start to bear fruit in a few quarters.

What's exciting about DRAD is they earned .06/share in Q3 and the restructuring isn't even complete yet! For example, they announced an outsourcing agreement in September. The full benefit will be felt in future quarters. From the CC transcript:

"Ultimately, one of the key elements of our restructuring plan was to rightsize the business, and align costs, especially on the Diagnostic Imaging side of the business, to drive profit, cash flow and shareholder value. Again, to this end, we announced in September, an agreement to outsource the majority of the manufacturing of our nuclear imaging cameras, allowing us, over time, to reduce costs and increase margins, as well as be more flexible with our manufacturing process and inventory that we carry."

And I do love management's commitment to increasing shareholder value. They will keep buying back stock. They will keep paying a nice dividend (and may even increase it). Not to mention DRAD insiders have bought more stock over the last 2 years than I think I've ever seen:

http://finance.yahoo.com/q/it?s=DRAD+Insider+Transactions

They sure seem confident in the future. And they're putting their money where their mouth is! Here's the closing CEO comments from the last CC. Got to like the part about this being the first of many very positive calls.

Matthew G. Molchan - Chief Executive Officer, President and Director

Okay. Thank you, once again. We are so excited about Digirad. And it's great day to be a part of Digirad, at this point. We're exited about announcing these results, we're excited about the run up in our stock that's occurred today. But we're not anywhere near a finish line. We are at a starting line. We believe this company has tremendous potential in this market. We are excited to be given the opportunity to lead this business into the future, and this will be the first of the many very positive calls, as we continue to talk to you guys about the success at Digirad. So, thank you, once again, and we look forward to talking to you, next quarter.