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la_trader

02/26/18 12:53 PM

#5437 RE: Longmoney #5434

price has been moving up since 19th on steady volume. pnd's don't behave like this. i'd say more of short covering initially and some value buying stepping in. its not a stretch for undervalued stocks to run up ahead of an anticipated good ER

a significant change in direction for this stock will be if it holds or moves higher after ER.

technically, book value roughly is about $3/share sum of all parts, so it's a rather risk-reasonable upside buy under that level. anything over that will need to be supported by an appropriate level of revenue / guidance