Some info on HQNT, compliments of Dave Gore :
<<Remember ---- I like this as a possible 100-600% gainer in the next year to 18 months. It is NOT a momo and requires some patience. I have socked some away and will add more.
The 600% number would be based on a PE of about 15-20 by my unscientific calculations if their new product (which has more than a dozen pre-orders) does as they expect.
First, remember this was a $7.00 stock. I would forget the stupid tank to 20-30 cents. It was an old shareholder that needed money and unloaded 3M+ shares over a 4-6 month period and some shorted off of it when everything was tanking in Pennyland. I think we need to look at where this not only is today, but where it is likely to be going, and even where it's been, based on FUNDAMENTALS. It has been profitable for some time, after all.
This was a $7 stock a couple years ago and while that was too high for its earnings (which I think were as high as 13 cents EPS), it still is a stock that should be about $1.50 right now, IMHO. It's profitable and now has great management marketing its products (i.e. Former Senior VP with Freddie Mac and also negotiated a deal between Firestone and Bridgestone tire)
But what's really significant is LabQuotient, their new product. They expect it to bring in 20 cents EPS to the bottom line. (see recent PR).
So:
1) Very Experience Management in Larry Burden
2) Highly Respected Scientist, Dr. Laipply, on their Board now (who incidentally bought over 1M shares in the open market of HQNT stock)
3) Low Market Cap.....don't just look at price. you have to multiply price by number of Shares Outstanding. Many stocks have very high market caps even though their price is low.
4) Only 25M shares O/S and only about 4M in the true float
5) Virtually debt-free (only owing 200K per CEO)
6) Profitable last two years
7) Selling pressure by the one huge shareholder looks to be totally over.
8) More than a dozen pre-orders on their exciting new, medical software package, LabQuotient.
As always, do your own DD.
Additional Info and Disclaimer, for those interested
Message 17304487 >> |
