NERD is deeply oversold on what looks like tax loss liquidation by a single seller. Fundamentally undervalued:
- $7.15M mkt cap
- $10.1M in yearly revenue ($2.6M gross profit)
- Strategic partnership with Staples Canada
- Expanding into United States
- CEO hinted at acquisition news in the recent interview
Nerds on Site is an IT support/cybersecurity company that is trading below 1.5x yearly revenues. Latest corporate update suggests a major announcement is pending. Still relatively under the radar, though the market has clearly taken notice. Insiders have been buying heavily in open market.
"The Company has recently reached agreement with a major Canadian...