InvestorsHub Logo

hweb2

04/29/16 3:57 PM

#20406 RE: John Bates #20404

I'm underwater on a small ASNB position. Company had several great quarters in a row and this very promising PR back in December:

https://finance.yahoo.com/news/advansource-biomaterials-announces-multi-supply-161000703.html

But then the numbers last quarter really stunk. Hoping last quarter was a fluke, but I'm not buying more. Next thing we'll see is probably the 10K...and that may not be out til July.

Trent Blair

04/30/16 3:11 AM

#20422 RE: John Bates #20404

ASNB I ended up selling for a loss to move the money into other stocks. It does have potential to start posting nice quarters again with that radiology supply agreement or get bought out but I don't know how likely that is.

e-ore

04/30/16 7:43 AM

#20424 RE: John Bates #20404

I sold some in the .30s and will again or higher, imo. Disappointed they didn't do another $million quarter but their sales have always fluctuated some. 20% better than last year's 3rd quarter, with positive signs in the filing. Recent insider first time $40,000 open market purchase of stock encouraging also.