TradersClub
Short

LRAD Corporation Looking Like The Short Of The Year

NASDAQ:LRAD   LRAD CORP
Long Range hailing equipment provider, LRAD             has had a tough time on the NASDAQ. I looked seriously into shorting this stock at one point but decided to pull out on the fundamentals. The balance sheet and income statement are solid enough but not eye popping. Revenue however dropped in 2015. A company doing 16m in revenue from 24m is probably struggling a little, so I get the feeling the stock is slightly over valued. I do think we will have a pop out to $2 a share regardless. It is easy to see this under $1 a share, similar story to ORIG             , that touched down the $1 mark and then went with the Oil             rally, everyone thought I was crazy buying that stock during an Oil             decline, well at 100% return on the stock.... Say what you will.

Still deciding whether at those lows this is a buyer or not.
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out