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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: rllee who wrote (52842)	11/26/2013 11:49:07 AM
From: E_K_S	Read Replies (2) \| Respond to of 78667

Liberator Medical Holdings, Inc. (LBMH) - Sold 50% of my shares as this stocked reached my "value" target price. I still hold 50% of my shares in the IRA account but decided to cash in the shares in my taxable account as this one exceeded my target price of $3.40/share. I arrived at this price by estimating next years earnings (based on 20% growth) and factoring a 20 PE. The stock could very well exceed this if/when they continue on their sales growth path for several more quarters. I like this company as it is a pure play on the medical sector w/ guaranteed payments by Medicare which allows them to post solid 33% margins. At some point, Medicare will want them to lower prices and/or margins which will impact future earnings. EKS