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Biotech / Medical : HMPS a steal at current prices

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To: Ming who wrote ()10/8/1998 6:44:00 PM
From: stockster  Read Replies (1) of 60
 
This is a rather curious situation. It seems that some of these analysts have unreasonable expectations, and even though a company is profitable, it still gets crapped on in the market. This company will report (if I am not mistaken) earnings of .06 with revenues of 8.1M. One would think that this is a good thing. However, the analysts were expecting .12 and thud goes the stock. Does this make any sense? Earnings are due out after the bell on Oct 21. I currently do not own any shares but am seriously thinking of getting a position between tomorrow and Monday. I think this stock will rebound. Notice that with all the selling today, HMPS was below $2 for only a short period of time. Anyone who bought below $2 is in good shape IMO. Hopefully, I can join them.

Stockster
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