I've owned shares in the company for a long time, sold some, bought some back, that sort of thing. I'm not selling today, unless it rises a lot more than it has so far. If it goes back to 3, I plan to buy more.
You're right about the stock "not moving." This last summer it did move, to around $10, then slowly came back down. I don't know why it's historically and currently sluggish, but I'm patient on this one; its selling about 60% of what other stock with the same features seem to be selling for: large percentage gains in profit each quarter, management focused on the bottom line and on selling the products already on the market, plus bringing more out.
Eventually, I think the stock will reward those of us who have come to trust the management of Biomerica, and the dedicated researchers and other workers. Plus that 60% figure (not based on any scientific analysis, mind you, just my own observations) makes it an attractive buy, I think.
Of course, (disclaimer alert!!!), I could be wrong.
Regards,
Ron
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