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Microcap & Penny Stocks : The Microcap Kitchen: Stocks 5¢ to $5
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To: 1Coffeehound who wrote (103501)4/6/2011 8:24:55 AM
From: Crony  Read Replies (1) of 120404
 
Yes, but the latest quarter earnings are not because of the one time items, but from their business.
They drastically cut their expenses. It can be a sign they given up on future growth and want just to service already installed machines or what if they use the earnings to invest in marketing? Even with the lowest p/e of 8 the stock should be at $8 based on the assumption they make $.25 every quarter.
Anyway, the chart looks like a reversal and the stock tends to spike every quarter or so.
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