Quote:
Originally Posted by teomaxxx
since everybody is making fun out of xxxjay and his most recent stock pick, i decided to give you one stock pick too 
SPIN:
http://finance.yahoo.com/q?s=SPIN.PK&ql=0
of course, its not going 50x bagger like Jays one, but its going to be 10-15x bagger if you buy it on the bid for 60-70 cents, ask is around 80-90 cents (huge spread) in recent days.
company expects to make 11cents EPS this year, so its trading with something like 6-9 PE and is currently growing around 40-50 percent YOY and it will be probably able to achive
such growth for several years more.
its in healthcare industry which is a defensive sector in recession and shouldnt be affected by coming recession.
see you in a two years in this thread |
Quick analysis:
Their accounts payable went up 30% and their cash dropped 50% in the last quarter. They have 177k in cash on hand. Their operational cash flow is -850k. Their Selling General and Administrative went up 100%. They are valued at almost three times sales. They have four full time employees.
They have good gross margin. Revenue has grown dramatically. Health is a good sector. How a co like this even got a float is a mystery. I'd say they might have waited until 2013. Bill Donovan owns 1/5th of the company. It is his way or the highway.
This is a weird little co. You mention .11 / share but trailing P/E is 14. Any idea what the volume is on this? Any purchase acceleration?