Has anyone heard of this company? I have been given a tip that these guys are becoming a hot property. Information on the Web is fairly limited. They IPO'ed in February at $10.50 a share and have since climbed to $16. They develop and market implants for a variety of medical/surgical procedures. These implants are temporary and meant to be absorbed into the body at the end of their life.
Last year their revenue climbed from $1.4 to $5M, but due to increased selling costs they lost $2M (a 33% increase). For the most recent quarter they made $220K on revenues of $3M.
Ticker symbol is BINX.
Any information is appreciated. |