Posted by: donmihaihai | April 15, 2017

Micro Mechanics not a dead stock anymore

Share price dead for many years, hardly move. That was the last few years. Price surged and Micro Mech is trading at around their highest price and I get to read about them here and there. Not everywhere yet but pretty close.

No one love a dead stock. Current price is certainly not cheap and quite fair actually.

2 things needed for stock price to do well. 1st is profitability improve from current range. 2nd is trade at higher valuation.

I believe the odds for 2nd to happen is higher than 1st. I believe the odds for Micro Mech to trade at a lower valuation is even higher.

 

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