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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.
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