Hi Gregory, thanks for posting the press release from P-1. Sure seems to be good news. Nice growth. Now, if the component shortages don't hurt the margins or earnings to any extent, I suspect the quarter will at least meet the Street's estimates, or beat them. The stock's price, IMO, now calls for perfect execution of P-1's business model.
I see the stock has started to consolidated in the 110 to 120 range. I think this is a good sign, as we need a consolidation period after the fantastic runup we just experienced. Also, we should not lose sight that the economy is still in question, and the "bear" in the Naz may not be over. I think the rally we have been seeing will more than likely stall out somewhere in the mid June to mid July timeframe. JMO
Again, thanks for the article.
Stock Bull
PS: P-1 has a great CFO, he's a real straight shooter. |
