ValueInvest_Pro

MIME april-may trading idea

NASDAQ:MIME   None
Hello everyone, today I want to talk about MIME company.

What I am waiting for? For rising up to 50.

Horizon of investing: 2-3 month (april-may)
Industry: IT (cybersecurity)

Reasons:
- last quartal statements shows good financial results in compare to last year.
- Waiting for publication of yearly financial statement (10-K), before that usually price rise.
- Research and development are grown, that will increace real meaning of the company and give competetive advance.
- cash reserves are grown, that makes financial stability stronger.
- dividends are hold, revenues are reinvesting.
- addictive influence makes fact, that company is undervalued now.

All that is only my opinion, not recomendations. Investing always has a risk of loosing part or all invested resources. Past success doesn't guarantee future success.

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