FWIW: This past week ADMG made onto the Small Dynamic Companies CURRENT BUYS list from an esoteric, long established, extemely expensive institutional service called Callard Madden & Associates. Their growth rate forcast for the company is listed at 22.2% which, by their standards, is very high. As a reference point, other companies on their buy list which exhibit the above 20% growth rate forecast are cpps, emer, mind, radaf & teo. Pretty good company to be in.
Callard Madden's six month target for the stock is probably too high, so rather than listing their specific price target, and getting laughed off the network, I will cut it down (meaningfully) and say that their 6 month target is above $14. I wouldn't begin to think that this stock is capable of reaching this target in 6 months, but ya know, I would be a very happy camper if it just went to 10 in 6 or 14 or beyond in a year.
Yes, of course I am entirely aware that this is a VERY agressive forecast, however their track record for stocks with a growth rate forecast of greater than 20% (however they calculate that number) is very strong. I will try to find out exactly what factors go into that growth rate forecast and will post.
Yes, I have a sizeable position in the stock (by my standards) and will probably add to it as we rise, and yes, if one wanted to, one could say I have an axe to grind, which is why YOU must do your own due dilligence and make your own decisions, but ya know, to me, this looks like a nice little company that is growing, expanding their territory (and margins) and has seemingly got it's act together and is taking it on the road. It couldn't hurt to look and make your own decision from there. Good luck to all. Pete |
