I brought this morning at 5 1/32. You see you can't win in this game of stock pricing. It figures after I buy it goes south, before it refuses to go south. I must have bad luck or what. Would have loved to pick up this baby at 4 3/4.
Spoke with Paul of MVSI this morning, he said a number of interesting things. One, the company is now buying the stock at these low prices.
So that is a good sign for the future. He said the fundamentals of the Co. is very strong and should pay out in the long run.
Usually as has been experienced by many Cos of this caliber the 4th quarter is always the toughest to get high numbers in earnings and MVSI is no exception to this rule. Hence, the reason for the not so
great numbers a few weeks ago. Hopefully, the 1st quarter numbers will
be much better. The ASIAN markets are not doing very much to help the
situation either. All in all, this company is holding itself together
well and should do well for the long investor.
If we get MM coverage, well in my mind that will be the cherry on the
cake. Paul did say that MM coverage support is in process now, and
we should hear something in the near future. He did not say exactly
when.
Also we spoke aboute the technical aspects of all the divisions, and
the software side of the house is doing the best, although they all
are in good shape. Socrates has been advertising on TV and in the media. Which should help more folks be aware of the stock/Co.
So, overall If I was grading them now at this level in the business I would give MVSI a B+ grade. Not bad for a small growing company.
Best of Luck to all,
TI |
