mightydragon - that likely isn't going to happen unless bad news from left field - although anything is possible in the market.
The fundamentals of this one are such that it is on a 2007 forward pe of 13 and 2008 pe of 9 - and upgrade earnings more likely than downside.
I jumped out as an 'investor' recently but am now one of those pesty traders that the consolidation is trying to shake off - as the downside on this one is little and the upside spikes worth trading. As they say - "if you can't beat them, join them!!".
TOX should really be trading at 20 cents quite comfortably - but needs some larger holders on the register. Today might be the start of that? If they can't market themselves and attract solid investors prepared to pay multiples of 16 times earnings minimum on 2008 numbers then I reckon someone might take them over. Their operating margins, ROE and ROA are outstanding for a small cap stock and they deserve to trade at higher multiples given their niche and outlook imo.
If a couple of things change I might become an investor again - but will likely wait until after the consolidation even so - unless they are taken over in the mean time?
mightydragon - that likely isn't going to happen unless bad news...
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