Thread,
I'm amazed NZYM is still in the 5s. With this blowout quarter, it is on track to crush the year estimate of $0.38. I can only hope this keeps up until the fall, when I'll have the moula to back up the truck and load up on these shares. But I doubt it. I would think that when the August earnings report also crushes the estimate, Red Chip's analyst will awake from his slumber and revise his estimates and rating upward, or perhaps another analyst will jump in. Then we could have a three bagger. If it's still here in a month, I'll buy a few options, no matter how much it hurts my margin balance.
I see most insiders have been selling of late, which, given the low volume of these shares, could partly explain their low price. However, Sreeni just exercised a bunch of options (they were probably about to expire) and has held them. That's a bullish sign that outweighs the selling, IMO.
Cheers, Tuck |
