Hi Harold,
I still own MTON. Unless small cap funds become desperate to accumulate it, I don't see it trading above $11 - $12, until news or some other analytical information determines it is worth more. Of course, 3 - 6 months from now, if it continues to meet or exceeds its earnings estimates, it should be trading at or above $20.
RNTK is in the middle of a major up move. Someone came in at the close and took out all shares (about 200,000 of them) for sale below 1 1/8. You may want to consider placing a buy for some at 1 1/16 - 1 3/32.
HDIE -- fairly valued @ $3, but information systems for health care is a good business and next year's earnings are estimated to be .19 (this years are .11). Could be another double in the next 6 months.
I own another stock which I wouldn't recommend except to those who like to speculate. MLOG's quarter just ended on 10/30. They've reported losses for the last 3 quarters. If the have another loss, they should warn this week. So if they don't, the stock is going to 1 7/8+ (IMO). Why do I think this ? They have .50/share in cash, and one of their lines of business is profitable and worth $2/share. It is their call center business that is having trouble, but they have some award winning new products and if the can earn enough to keep the company from reporting a loss for the quarter, IMO, they will go back near their book value ($3.50). So 1 7/8 if they don't warn this week is a no brainer.
Good luck, there's lots to pick from !
Chris |
