Replies to post #537 on Bottom Fish Stocks (between .10 and$10)

[Katfish]

BIPH - Just received a notice from 10k Wizard of an S-8 being issued for 7.7 M shares. It could be that they are expecting a bounce, and would like to be able to sell shares into the buying.

[zenvesting]

I have MDPA as a long-term hold from $0.74. I still see it as a good value anywhere under $1.50.

They reported 0.08 EPS last quarter. To be very conservative, I assume they can continue to post EPS of 0.04/quarter, still giving them a very conservative fwd P/E under 10.

Should get above $2 eventually IMO.