So with the China LotSynergy news and Poken news announced at the ROTH conference and funds and smart money that are heavily buying our shares...the PPS prediction is raised to high single digits (i.e. $8-$9) instead $3-$4 which was according to the Merriman Curhan Ford coverage of EGMI... believed that EGMI should be valued at $3-4 before this week's two 8,000 pound GORILLAS were added! Thanks you my friend for your interpretation. Best Regards, CS
I think the largest risk is still lack of news. If no more interesting deals are signed for a while, it could be months before meat comes back regarding the two new hopes.
Before the meat and/or new deals, the next positive could be upcoming qtrs with better numbers as previously expected.
Until then, I view the risk is quite possible of momentum drying up and a stock fall back. Could $1.60 be the new support?