My general opinion, in response to a private message about when to invest in this stock. It depends if you are the type of investor who wants to see two quarters of positive earnings before investing. If that is the case , MRIC is probably a couple/few quarters from this. If you are the type of investor that sees that sales and profit margins are improving towards cash flow positive and positive earnings per share, then the time to invest may be now, before the next quarter is released. They took a big hit in earnings from a major change in their procedure in the first quarter. They also indicated that they were back on track for resuming improved results in Q2. The stock price got smacked pretty hard. There are weary investors in this that have been waiting for a long time and have expected better results much sooner than now and were probably not happy with the Q1 hiccup.
You can bet though, that if positive earning are achieved in a couple/ few quarters, there will be a whole new set of eyes on this.
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