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Strategies & Market Trends : Value Investing
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To: MCsweet who wrote (36519)4/8/2011 11:06:45 AM
From: MCsweet  Read Replies (1) of 78744
 
ABIX,

Abatix had fabulous earnings of 4.80 a share (hard to find -- go to otcmarkets.com). Stock is trading up to 9.50 today.

I have a call in to management to figure out what the heck happened. I am sure these earnings aren't recurring, but even if they aren't, it still is quite encouraging. There is now a lot of extra cash and improved book value for the company.

MC
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