KG, exc. observation. This is HQNT's first annual profit from operations. I clarified that myself a few minutes ago. Apparently the previous years had some extraordinary gains, so this is more of a GAAP report.
Again, the real reason to get excited, imho, is the new product LabQuotient, which the company announced publicly should bring in about $5M net or 20 cents eps to the bottom line over the next 12-18 months. I like the fact that Dr. Laipply, (who bought over 1M shares of HQNT in the open market) and Larry Burden, former Senior VP of Freddie Mac) has joined the HQNT team.
So, HQNT has quality management, Very Low True Float, Small Market Cap, Profitable now with at least a tripling of revs expected over the next year and potential EPS of 20 cents or more based on what the company feels is a reasonble expectation.
YOUR COMMENT:
<Did you see this release......it said HQNT had record revenue....but it went on to say it was first time ever making a profit......I thought in your DD you had mentioned they have been profitable for some time.....
Anyway, I initiated a small position at .67 and will watch closely.....will buy more if she drops....but I tell ya...looking at the charts, .70 looks like heavy resistance to break thru......if they announced recored revenue today, why no movement and especially no volume....also noticed many insiders selling in the .20's, not buying......but, maybe this was just ordinary planned selling.......anyway, did you see the news release about recored revenue....what do you make of it....and what about this upcoming audit with the big E being added to the symbol.......is HQNT a pipe dream or for real? Opinions anyone ??> |
