InvestorsHub Logo

NewJerichoMan

10/13/16 5:40 PM

#1337 RE: NewJerichoMan #1336

Thanks to eneels for noticing but REED posted their first profitable quarter (in at least two years) after hours. Record revenues coupled with significant expense cutting. They're on the big board so it'll be interesting to watch how the market rewards them, or if it's already baked in. They went to a low of $2.40 and now are over $4, which still calcs to a below-average PS ratio.