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hweb2

05/31/16 2:07 PM

#138 RE: UP Trend #135

It's not like the earnings report was a big surprise today. Which is what you would think with the stock skyrocketing over 100%. Numbers were exactly what I expected today. Go back and read the Q4 earnings PR. They earned .10/share in Q4. And you could buy as much as you wanted the last 2 months around $2. Wasn't hard to see Q1 being similar to Q4, especially with the acquisition adding to the numbers. With $8M+ in revenues in Q1, I actually thought earnings might be higher than .09/share. But still good numbers. Worried we haven't seen any contract announcements in awhile. Revenues are lumpy for this company. Might be closer to $7M in Q2. Profitability is also a wildcard with thin margins.