BSPM- Chart looking good too joe. Some resistance at 2.70 but it looks like it will be taken out shortly then looking for 2.90. With the volume coming in we may get a twofer out of it. After 2.90 it could be clear run to 3.60 which I see as next resistance. Also 50 day above 200 and curling up.
I am a big fan of BSPM but with all respect, can't really see an eps of .20 for 3Q. That would require rev. to come in at 20.6m vs. 7.5m last year. or 174% increase. Also, last year 3Q eps was 0.06, not 0.03. I am expecting an eps of 0.14 and thought that's an optimistic estimate. Is yours based on conversations with Mgmt or just your guts?
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