Definitely a solid value play. Intrinsic value at $9 plus - this from a couple of very respected sources.
Upcoming financials will be keenly anticipated, but a company that expects roughly 80% growth for FY2012 and a more reasonable 8% the following FY, at this discounted price with the demand for their technology as strong as it is and will continue to be - anything under $6 is a steal... Sure it may go lower (at which point I'll buy even more). Sooner or later the market will catch up with the fundamentals.
In short - don't stress it but keep more funds to take advantage of any future bear market volatility!
Remember, CR was done at $8.50 a share and back then it was seen as good value. Nothing has changed fundamentally except the lucky people who are loading up now get a severely discounted bargain with $30M in the bank outside of earnings. I wouldn't be feeling fear right now (depending on your timeframe for holding the stock), I'd be thanking my lucky stars to be able to buy in at these prices...
Anyhow, my 2 cents worth. Good luck all!
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Last
29.3¢ |
Change
0.003(0.86%) |
Mkt cap ! $65.46M |
Open | High | Low | Value | Volume |
29.0¢ | 30.0¢ | 29.0¢ | $62.28K | 214.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1027 | 29.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
30.0¢ | 7215 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1027 | 0.290 |
3 | 11307 | 0.285 |
2 | 13509 | 0.275 |
1 | 11111 | 0.270 |
1 | 3773 | 0.265 |
Price($) | Vol. | No. |
---|---|---|
0.300 | 7215 | 1 |
0.310 | 25000 | 1 |
0.330 | 65000 | 1 |
0.335 | 87374 | 3 |
0.340 | 94479 | 3 |
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